Handicapping IAC’s Investment in Chelsea Clinton (31-year-old corporate director in grad school)

NY Times ^ | 10/04/11 | STEVEN M. DAVIDOFF

[Libloather]

Handicapping IAC’s Investment in Chelsea Clinton
By STEVEN M. DAVIDOFF
October 4, 2011, 8:20 pm

Chelsea Clinton as a corporate director? Really?

Ms. Clinton was appointed last week to the board of IAC/InterActiveCorp, the Internet media conglomerate controlled by Barry Diller.

For her efforts, Ms. Clinton will be paid about $300,000 a year in cash and incentive stock awards. Not bad for a 31-year-old in graduate school.

Is IAC also getting a good deal, or is this another eye-rolling celebrity appointment?

Ms. Clinton appears to be a smart, capable individual. She worked in her 20s at the consulting firm McKinsey & Company and at a hedge fund run by a loyal Clinton donor. She is now working at New York University and pursuing a doctorate at Oxford. Ms. Clinton appears to be level-headed, despite growing up in the limelight. She is also popular — her wedding last year was one of the social events of the year.

[Oratam]

If she were in the longshoremen’s union she’d be called a ‘ghost.’

[denco]

I think the Bush twins are doing as good a job of living in the real world as I have seen. they definitely don't relish the spotlight. Denco

[silverleaf]

Besides being an eternal grad student, and an employee of daddys tax-sheltered foundation, all she’s done is travel around with mummy and daddy in private jets, attend society events, and schmooze people to invest money in schemes and hedge funds run by daddy and mummy’s “friends”

her contribution to society is worth less than tits on a trout. she is an example of what the OWS thinks it is against

But at least she is no longer pictured being poured slobbering drunk into the back of cabs

[Obadiah]

It’s called crony Capitalism, and it’s ugly.

[fishtank]

[Carry_Okie]

Chelsea Clinton as a corporate director? Really?

LOL, my daughter was a corporate director of the local classical music concert association at 16 and became board secretary at 18 when the laws allowed. It's not that big a deal. Of course, there's no money in it.

[texas booster]

Amy Carter got arrested a few times in the 80's with Abbie Hoffman, attended Brown University until dismissed for bad grades.

From her Wiki:

In September 1996, Carter married computer consultant James Gregory Wentzel, whom she had met while attending Tulane. Carter chose not to be given away, stating that she "belonged to no one." Carter and Wentzel both kept their own family names. The couple moved to the Atlanta area, where they continue to live and focus on raising their son, Hugo James Wentzel (born July 29, 1999). In Atlanta, Hugo attended Woodward Academy, Carter's alma mater.[1] Since the late 1990s, Carter has maintained a low profile, neither participating in public protests nor granting interviews. She is a member of the board of counselors of the Carter Center that advocates human rights and diplomacy as established by her father.