Barack Obama criticised for '$400000 Wall Street speech fee'

Barack Obama criticised for '$400000 Wall Street speech fee'

His speaking fee will be almost double what twice-failed Democratic presidential candidate Hillary Clinton charges for her Wall Street speeches.

Former President Barack Obama is scheduled to speak at a Wall Street conference later in the year, according to a report Monday by Fox Business Network.

During his administration, Obama blamed Wall Street bankers for the 2008 financial crisis, publicly called for their accountability, and in 2009 referred to them as "fat cats".

"The precedent established by former Presidents Bill Clinton and George W. Bush, to say nothing of former Federal Reserve Chairs Ben Bernanke and Alan Greenspan and a slew of other high-ranking former officials, is that there is nothing wrong with taking the money", Klayman said.

Hank Sheinkopf, a Democratic political consultant, tells Fox News that there's plenty of irony with Obama giving a speech on Wall Street despite the fact so many former presidents do it.

OPS camp stands tough in merger talks with Edappadi group
Responding to OPS faction's demands, AIADMK (Amma), led by EPS, said it is ready for talks and has no conditions. Meanwhile, 6 party MLAs have extended support to Dhinakaran, said reports.

And according to the sources, Obama will be paid $400,000 to be the keynote speaker for one day at the event hosted by the company. The Democrat appeared pro bono at a forum at the University of Chicago, the planned site of his presidential library.

He was envisioned kite-surfing in February with Richard Branson off the Virgin head honcho's private Caribbean island.

Former President Obama returned to the public spotlight for the first time since leaving the White House.

The 44th president has acknowledged an offer to talk at a social insurance gathering facilitated by Cantor Fitzgerald in September, US media report. Center-left politicians-because they don't deal in absolutes like populist nationalists-are easier targets for claims of corruption.

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