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The "he doesn't need money" argument cuts against there being any tangible upside to quid pro quo too... Nobody who charges six figure fees for speaking engage
by notahacker 6y ago
The "he doesn't need money" argument cuts against there being any tangible upside to quid pro quo too...
Nobody who charges six figure fees for speaking engagements needs the money to put food on the table. Getting paid silly money for a night of patronising some organization you wouldn't otherwise care less about is an ego thing, and plenty of stupidly rich people enjoy their egos being stroked by speaking fees without having any other favours to offer. I mean, some stupidly rich people still enjoy making obviously corrupt manoeuvres too, but that's not necessary to explain why ex-POTUSes and Hollywood stars start being interested in being private party entertainment when the sixth zero is added to the bill.
And literally nobody would say "that's fine, he probably just thinks its fun to hang out with hedge fund managers" if the guy who repealed Glass Steagall insisted he was donating his time and reputation to helping hedge funds impress their LPs. Especially not if foreign telephone manufacturers wanting him to do a keynote speech were still willing to offer massive sums of money.