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Eric Cantor Cashes In with New Wall Street Job
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2014 Sep 2, 6:53am 3,161 views 11 comments
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JH
2014 Sep 2, 7:06am
Groan. Now that he works for a bank he will be writing legislation...finally.
Government to business and reverse is what the tracking system in america is all about.
indigenous
2014 Sep 2, 8:13am
It is so nice to hear about a home town hero doing so well, it reminds me of Mr Smith goes to Washington er ah Wall Street, it brings a tear to my eye.
Ceffer
2014 Sep 2, 8:29am
Wall Street pre-captured politicians. Be a good boy and get your fatcat job after retiring with government pension.
JH
2014 Sep 2, 2:53pm
Or as Stewart said tonight perhaps it is a payment for services ALREADY rendered.
He was the conduit for the Tea Party. Lol. Oh, his wife works for a bailed out bank, too.
Actually the tea party candidate defeated him in primary. Read this:
http://m.huffpost.com/us/entry/5752924
That was recently. Before that, he was the Tea Party conduit and was involved with the Tea Party
This is not surprising. The mainstream republicans and religious fanatics have been consistently trying to take control of the tea party movement.
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.. Cantor’s D.C. experience and connections, along with his cultivated ties to the business world, are bound to be valuable to the bank founded in 2007 by Ken Moelis, a Wall Street superstar (and, per The Wall Street Journal, a Republican).
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The bank disclosed in an SEC filing that it will pay Cantor a base salary of $400,000 as well as a signing bonus of $400,000 in cash and $1 million in restricted stock units that vest over five years. For 2015, Cantor will get at least $1.2 million in cash and $400,000 more in restricted stock.
In all, Cantor is in line to get at least $3.4 million. He’ll also get reimbursed for the “reasonable cost†of a New York City apartment for his first 12 months “and a hotel equivalent rate thereafter.â€
Cantor’s annual salary as House Majority Leader was $193,400.
Read more at:
http://finance.yahoo.com/news/eric-cantor-cashes-wall-street-182600949.html
#politics