Obama spokesman defends reported $400,000 Wall Street-backed speech - News Summed Up

Obama spokesman defends reported $400,000 Wall Street-backed speech


A spokesman for Barack Obama spoke out Wednesday against critics who called out the former president for reportedly accepting a $400,000 speaking fee, backed by a Wall Street bank. Eric Schultz, the spokesman, said that in 2008, then-candidate Obama pulled in more money than any candidate in history, and went on to “implement the toughest reforms on Wall Street since FDR.”Fox Business reported that Obama has agreed to speak at a Wall Street conference run by Cantor Fitzgerald LP. These people say Obama has signed the contract, but the company, a mid-sized New York-based investment bank, is waiting to coordinate with the former president before making a formal announcement. “Is there an irony here because he spoke incessantly about the income gap and is now earning from those same people he criticized? He went on the attack against Wall Street and now he’s being fed by those same people he called ‘fat cats’.


Source: Fox News April 27, 2017 04:28 UTC



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