Report: Chelsea Clinton takes six-figure consulting job

AP | 3/08/03

[kattracks]

NEW YORK (AP) -- Chelsea Clinton will start a six-figure consulting job after she receives a master's degree from Oxford University later this year, Newsweek magazine reports on its Web site.

The daughter of former President Clinton will work in the New York office of London-based McKinsey & Company, newsweek.com reported Friday.

Clinton, 23, accepted the position Friday after she reportedly turned down McKinsey's offer of $100,000 a year to work at its London headquarters, according to the Web site.

A spokesman for McKinsey did not immediately return a call for comment Saturday, nor did Bill Clinton's office.

Clinton, who is studying international relations at Oxford, will be one of 5,000 McKinsey consultants worldwide who research topics ranging from health care to corporate finance.

[Polybius]

The younger consultants are seldom experts in the industry of the client. That's not what they're brought on for. The partners and senior consultants are experts; the newbies are workhorses like you wouldn't believe. Will Chelsea be held to the same workload/performance standards?

Chelsea will be used as a celebrity side show attraction.

The real workhorses will hold her in contempt but chances are that Chelsea will never spend much time with any of them.

[WildWeasel]

TXZ - You are 100% correct. McKinsey bought access to two very significant players inthe democrat party for a paltry sum of $ 100,000. They get a glorified copygirl to call mom and dad when they want something big.

Kudos to McKinsey for a brilliant move.

[fhayek]

I understand that her best skill is keeping the port sherry from going bad.