Americans criticize Barack Obama over $400,000 Wall Street speech

The 44th United States president , Barack Obama,who is set to address a health care conference scheduled for September,2017 is facing intense criticism for accepting a $400,000 speaking fee for a Wall Street conference that will be hosted by Cantor Fitzgerald LP

The criticism is base on the fees that as almost twice as much as the speaking fees Hillary Clinton charged for three speeches to Goldman Sachs after she left the State Department.

Hillary was under immense criticism during her campaign for receiving so much money to speak to Wall Street firms.

Obama has already signed the contract, the early reports indicate that Cantor Fitzgerald is still in the process of coordinating the details with the former president.

According to the Washington Post,former president Bill Clinton “earned more than $16.3 million for 72 speeches” in 2012, averaging around $226,000 per speech. CNN also reported he was once paid $750,000 for a speech to telecom firm Ericsson.

 

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