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Thursday, June 2nd, 2005

Chelsea Clinton will be working for her dad's old buddy - Prime Minister Tony Blair. The former First Daughter, employed since 2003 at the management consulting giant McKinsey, has been assigned to work on a British government project, according to London's Mail.

The huge project, called Monitor, is charged with overseeing and regulating hospital trust funds, part of Blair's health care reform legislation. Critics of the Monitor say it has spent most of its budget on private contractors - like former President Bill Clinton's daughter.

McKinsey also has raised eyebrows for its cozy relationship with the Blair administration. Blair and the former President were pals during Clinton's term in office and remain friends.

Two years ago, Chelsea Clinton turned down a job at McKinsey's London offices because she wanted to live in New York City. So the firm hired her for its New York digs.

Now 25 and with a master's degree in international relations from Oxford University, she lives in the Manhattan neighborhood of Chelsea - of course. She commutes to McKinsey's midtown office and is often spotted in trendy downtown restaurants with her boyfriend Ian Klaus.

http://www.nydailynews.com/news/v-pfriendly/story/315168p-269596c.html

Bill Clinton's daughter Chelsea has been seconded by McKinsey, the consultants with close links to Downing Street, to work on a £10million Government project. She is understood to be receiving a package worth £90,000 at the offices of Monitor, the new regulator for foundation hospitals. ...

But the fact that the salary of Mr Clinton's only child is effectively being funded by a New Labour quango will add to questions about the way in which McKinsey has apparently become the Government's favourite consulting firm almost overnight. The relationship appears to have blossomed since former BBC chief John Birt, now Lord Birt, was appointed as Tony Blair's adviser four years ago. He is employed by McKinsey as a strategic consultant and has been followed into Downing Street by a number of other 'McKinseyites'. ...

Last night Shadow Health Minister Simon Burns said: 'It is extraordinary that the Government should award large contracts without any competitive tendering, and it is equally extraordinary that contracts like this should be going to a company with close links to New Labour. It does give the impression that it is "jobs for the boys" and it is most unwise of a Government that pays lipservice to transparency and openness that they should expose themselves in this way, and to accusations of sleaze.' ...

http://www.fmwf.com/C2B/PressOffice/display.asp?ID=707&Type=1

I suppose it's heartwarming that this sort of cronyism isn't unique to the USA.

I suppose it's heartwarming that this sort of cronyism isn't unique to the USA."

Sadly, neither is the idolization of Billy Jeff unique to the USA...what a world...

An Iranian woman passes a bookshop displaying a copy of Bill Clinton's 'My Life' autobiography. Iranians may burn the 'Stars and Stripes' in demonstrations, but Clinton's memoir is on the way to becoming a runaway bestseller.(AFP/Behrouz Mehri)

you're such a card ;)