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Thursday 10 January 2008

Tony Blair to earn £500,000 a year from PART-TIME advisory job at top Wall Street bank


Tony Blair came under heavy fire today for accepting a lucrative job with a Wall Street bank. Mr Blair, who quit as prime minister in July, is to become a part-time adviser to JPMorgan on a salary rumoured to be at least £500,000 a year. It puts him on course to become the richest former premier in recent history.

He also revealed he expected to take a "small handful" of similar jobs with other companies in the near future.

But his bonanza contrasts with the experience of thousands of British soldiers who served in Iraq and Afghanistan. Many faced poverty and hardship on their return because their injury compensation payouts took up to three years. (Daily Mail)