Posted on 01/09/2008 6:04:17 PM PST by jdm
NEW YORK (Reuters) - Former British prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase & Co Inc as a senior adviser, according to a person familiar with the situation.
JPMorgan declined to comment. The Financial Times in London first reported the move on its Web site, saying it would be the first of a series positions Blair expects to take in the private sector.
Blair, a key ally of U.S. President George W. Bush, was replaced last year by Gordon Brown as prime minister amid growing discontent over Great Britain's policy in Iraq.
Details of Blair's duties with JPMorgan, the third largest U.S. bank, were not immediately available.
Blair's predecessor, John Major, joined a U.S. finance company after leaving 10 Downing Street.
After leaving office, Major joined U.S. private equity firm The Carlyle Group in 1998 amid that company's big push into the European market.
Series positions?
Probably to do with the global warming scam known as carbon credits.
I wish Tony Blair well in his new endeavor.
Especially for standing steady with the USA after 9-11 and beyond.
It must be galling for Blair to witness the likes of Bill Clinton and Al Gore raking in millions upon millions of dollars after they left public “service”. So maybe he’s planning on getting while the getting is still good...
I won’t have Tony Blair working for me.
A. Morgan
PS Call JP in the morning!
/end of fanasty
Banking is still a “who you know” business; the fact is, the high salaries that retired public officials get are usually worth it for the connections they generate.
Hey, Blair is still respectable, unlike deutchbag Schroder selling his soul and cornhole to Putin and the Gazprom/Kremlin cabal.
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