Via Truthout:
...He's eyeing up £250K job with arms trade link firm.
Tony Blair is expected to join one of the most exclusive groups of businessmen in the world after he leaves Downing Street.
The PM is being lined up for a highly lucrative position with the Carlyle Group - an American-based investment giant with strong links to the White House and the defense industry.
The firm has been nicknamed "The Ex-Presidents Club" because it has had a host of former world leaders on its books including George Bush Senior, his former secretary of state James Baker and former British PM John Major. There a also a large number of former US Army top brass.
Mr. Blair has been keeping quiet about his plans after his departure from Number 10 - which could be as early as 2007 according to some Labour insiders.
But sources in the City have revealed that he is "seriously considering" a high-profile role with Carlyle - which manages $30billion (£20million) of investments worldwide.
The job could net Mr. Blair up to £500,000 a year for only a few days work a month giving speeches and making "networking" trips on behalf of the company.
The move comes after it emerged that the premier's financial affairs are in an increasingly perilous state His dream home has crashed in value by £700,000 in just seven months and he and Cherie have to find £13,000 a month for the mortgage.
The £3million loan the couple took out to buy the house in London's Connaught Square is 17 times Mr. Blair's current salary...
It probably takes some skills to stay in the saddle.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment