Tony Blair rakes it in as financial adviser, speaker

The former British Prime Minster may have landed a huge speaking deal at a hedge fund, reportedly worth $3,250 a minute, according to one publication; to the chagrin of the political party he once led. It is only part of what is becoming windfall earnings in the financial sector since Blair left public office: “Tony Blair is to give speeches to a hedge fund that made millions betting on the collapse of British banks. The former prime minister will be paid hundreds of thousands of pounds by Lansdowne Partners, one of London’s biggest, yet lowest-profile funds. The Mayfair-based company reputedly made £100m betting on the demise of Northern Rock and £12m in a matter of days exploiting a dramatic fall in Barclays shares….” It pays to be popular:

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