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After 13 Years Of Fighting For Wall Street, Eric Cantor Will Make Millions At An Investment Bank

Posted on September 3rd, 2014 at 0:15 by John Sinteur in category: Robber Barons -- Write a comment


Former House Majority Leader Eric Cantor (R-VA), who resigned last month after losing renomination to an underfunded college professor, spent much of his 13-plus years in the U.S. Congress advancing the agenda of Wall Street investment firms. This week, he announced that he will be joining a Wall Street investment bank as its new vice chairman.

Cantor will be joining Moelis & Co., the investment bank said, to “provide strategic counsel to the Firm’s corporate and institutional clients on key issues,” to “play a leading role in client development,” and to “advise clients on strategic matters.” The announcement press release praised Cantor as a “leading voice on the economy and job creation,” who worked in Congress “to lower taxes, eliminate excessive regulation, strengthen small businesses, and encourage entrepreneurship.” The deal reportedly includes a $1.4 million signing bonus and at least a $2 million annual compensation package.

  1. Where else can you find people with that much experience screwing the people?

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