Skip to comments.Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.
Posted on 01/05/2020 7:43:50 PM PST by Blood of Tyrants
The Obamas $60m book deal has broken all records. From James Patterson to JK Rowling and Pope John Paul II, here are some of their closest rivals.
Pearson Publishing was paid for Commoncore but Penguin Random House Publishing did the Obama book deal. But there is commonality with the two:
Penguin Random House was formed on July 1, 2013, upon the completion of a £2.4 billion transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group. Bertelsmann and Pearson, the parent companies, owning 53% and 47%, respectively.
In July 2017, Pearson agreed to sell a 22% stake in the business to Bertelsmann, thereby retaining a 25% holding.
Quid Pro Quo
(Excerpt) Read more at investmentwatchblog.com ...
How much money have sales of Obama’s books made the company?
Traitor and criminal , Who knew?
Quid pro quo? Nah.....
Beat me by 2 minutes.
22% commission / kickback. A bit high, but it was a big contract.
Oops, 18.5%. Right in the 15 to 20% target range.
It would be interesting to know also how much money Pearson and CompTia is making since the Obama government started their mandatory certifications for all IT and other select class positions. All administrated by Pearson. And must pay fees and credit s yearly to keep the certifications.
Another interesting fact, some used to be lifetime certifications. But everyone had to switch to the continuing education and yearly payoffs to these companies too keep working.
Please overlook the typos. Small cellphone in bed at night.
Nowhere near $65 million.
Is The book covered by this payoff even written yet?
Obama did not give. Obama gave taxpayer money from you and me.
Color me stunned!
Exactly, Can’t have Trump looking at corruption. Lots of Democrats at stake.
I pray it all comes out.
Enough to renew his contract. Just kidding.
Book deals like this are another money laundering method.
Wonder how much the Obozo got kicked backed on his $600 million to the friend of Mechelles Canadian computer company to upgrade the WH computer system. Several US computer companies said they could have done that job for $150K, total. I wonder how much the Obozo got kicked back from the $150 billion he gave Iran. Thats why Obozo now owns three multi million dollar mansions. He looted the tax payers just like too many other elected officials in DC. Trump is trying to put a stop to that practice and that is the reason at the heart of why the DC establishment has to remove him from office.
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