“then went on to make more than $18M in just 2 1/2 years”
Rmember the outrage when Newt made 4 mil on his book deal? What exactly do you trade for this kind of loot?
Watta financial genius. Maybe Bernie Madoff gave him some inside tips? (snicker)
Quoting an astute poster: The idea that Emmanuel made $18 million dollars in 2 1/2 years because he was an “effective banker” is preposterous!
Consider that $18 million dollars is not coming out of thin air. It’s coming off the backs of illegal labor, sweat shops, slave labor in the Congo, outsourcing to the lowest bidder............
......so Rahm could meet that “number he had in his head. Rahm would do ANYTHING to make enough for his family” (his brother’s comment) before he “gave back” by working in the public sector.
In the public sector he’ll get a pension for life and a gold-plated health plan. He’s not “giving back”...... he’s taking even more.
Obama seemed better than Hillary Clinton her husband, and members of the Clinton administration.....who were too easily swayed by the easy money on Wall Street.....Chelsea works for a hedge fund.
How are we even going to begin to effect a change in this country if the president-elect’s closest advisor rationalized earning $18.5 million in two and a half years to......um......support his family???
Most Americans won’t earn a fraction of that amount of money in their entire lifetimes.
The money Rahm made did not come out of thin air......it was taken. Let’s drop this fatuous notion of “giving back” .......let's have a govt that make it possible for everyone to make it on their own.