money talks

For ex-presidents, four-star generals, and even journalists, the $2 billion speaking industry offers a chance to grind an axe and make a buck. But when public servants go private, are they still accountable?

ebruary 26, 2007, was a beautiful late-summer day along the Gold Coast, a booming tourist mecca just south of Brisbane on Australia's eastern shore. But for the corporate executives attending the VeryGC Global Business Insights conference, the real attraction was in the cavernous main banquet hall of the Gold Coast Convention Centre: Alan Greenspan.
Or rather, Greenspan's disembodied, two-dimensional head. Appearing by video simultaneously for ... Full Story »

Posted by Dale Penn
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Posted by: Posted by Dale Penn - Apr 23, 2007 - 9:22 PM PDT
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Edited by: Kaizar Campwala - Apr 24, 2007 - 9:10 AM PDT

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Kaizar Campwala
3.6
by Kaizar Campwala - Oct. 1, 2008

Interesting read with a lot of information on individual speakers riders and fees. Doesn't really cite critics of this high-priced speaker circuit, nor is there a consideration of the effects on current Washington types (and their policies) when they see their predecessors making bank on speaking circuits.

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Dale Penn
4.0
by Dale Penn - Oct. 1, 2008

[please note: to navigate to the next page, type the next page number in the box provided and press enter] Chronicles the exponential growth in fees paid to ex federal employees. Providing a couple of examples of obvious conflicts of interest (i.e. the story about Greenspan's comment at a video speaking engagement causing the Dow to drop 416 points in one day) the story begs the question - doesn't this provide a monetary incentive for highly qualified politicians to forego the the government service job in favor of the lucrative speaking engagement gigs? The US is a capitalist society - so perhaps there are no other options.

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