Chelsea’s New Job: The former first daughter accepts a New York job

Newsweek Web Exclusive ^ | March 7, 2003 | Debra Klein

[ewing]

McKinsey [Consulting] confirmed the acceptance but would not comment on Chelsea Clinton's salary.

A formner recruiter for the firm says most new associates earn between $115,00.00 and $120,00.00 peryear, usually with a new signing bonus of $10,000.

As one of 5,000 consultants worldwide, Clinton will look forward to long hours(!) lots of travel and no bragging about the job.

[ewing]

Poor Chels, how can she scrape by on 130k

[shezza]

Well, if she earns it, more power to her. Long live capitalism!

[The KG9 Kid]

BOY, who did she have to...

Never mind.

[chance33_98]

It's NY - not out of line too much really, and she is a college grad if I am not mistaken. I make half that amount in Ohio and am a high school drop out. Hope she likes paying taxes! ;)

[DeFault User]

Chelsea works cheap. It took $8 million to hire her mother.

[SC Swamp Fox]

Just damn.

[gg188]

And she has the experience in exactly what to consult someone about exactly what, I wonder?

[TLBSHOW]

Way below the million she asked for.

[annyokie]

This whole thing stinks! She is niether a PhD nor a business consultant. Both hiring criteria at this firm.

I see Vernon Jordan in the wings here!

[Archangelsk]

Two words: burdened overhead. The consulting game is one of the world's greatest scams.

[goodnesswins]

I'd hate to be HER boss.....

[Ciexyz]

well, okay. I think it's outrageous, but the posters on this thread think it's the norm. Three cheers for capitalism.

[geedee]

Now, now. Pee Wee's genes aren't ALL passed down. Before Chelsea-babe could be accused of . . . uhhh . . . you know, her mother would have to . . . Shazaam!!

BOY, who did she have to...

Never mind.

[ezo4]

ho

[TLI]

vomit,       just..........   vomit.

I have been honing my computer skills since `86, graduated 4 years college, 20 years part time military, done more, seen more, know more than that spawn of trash has been alive.  I'm lucky to break 30K in a field that laughs at you if you have less than a decade of experence.

Makes me want to vomit.

[rs79bm]

Chelsea has come a long way from being an ugly ass dirty haired domino monkey just a few years ago.

[shezza]

Well, she can serve as a consultant to college students as how to not go to class and still graduate and get a cushy job.

[Pearls Before Swine]

I'm sure she's earned the position and family influence had nothing to do with it.

[evolved_rage]

She'll be over her head, and with any luck....scandel....

[AnAmericanMother]

This firm chews up new hires and spits them out. You have to have a tremendous work ethic just to survive.

This kid has been handed everything on a silver platter from day one. Her bachelor's degree had to have been gained via special treatment, because she did not spend enough time on campus to get an honest degree from Stanford the old-fashioned way (working for it). She likely got "course credit" for gallivanting about on all those foreign trips with her mom and dad.

While she was allegedly studying at Oxford, she spent a good deal of time in Paris and other exotic locales with her gentleman friend instead of working with her tutor and preparing for exams. I have not heard that she has sat for her finals, let alone passed them. She will probably leave Oxford without a degree, just like her dear old dad, because Oxford apparently still has higher standards than Stanford.

But the buck stops here. I doubt that McKinsey will let her just be a figurehead, it would generate way too much resentment among other workaholic employees (and even middle management). Look for her to "move on to other opportunities soon."

Sorry if I sound bitter, but I worked hard for my degrees, and it cheapens all those involved when a degree is sold for money, power, or fame.