Skip to comments.Al Gore Named Vice Chairman of LA-Based Financial Services Firm Metropolitan West Financial
Posted on 11/19/2001 5:50:41 AM PST by callisto
LOS ANGELES (AP) - Al Gore has accepted a job as vice chairman of Metropolitan West Financial, a Los Angeles-based financial services holding company, the company said Monday.
The former vice president and last year's Democratic presidential candidate will "help us identify and evaluate new business opportunities and play an active role in shaping the future of our company," the firm's chairman and chief executive officer, Richard S. Hollander, said in a statement.
In particular, Gore will help develop strategies in biotechnology and information technology and examine opportunities for international expansion, the company said.
In the statement, Gore said that after a quarter-century of serving as a congressman, senator and vice president, "I am eager to learn more about business as an active executive of this dynamic and community-oriented company."
Gore will continue to serve as a research professor focusing on family-centered community building at the University of California, Los Angeles, and will continue to teach classes on the subject at Middle Tennessee State University and Fisk University, both in his home state of Tennessee.
Metropolitan West manages about $51.2 billion through several affiliates that providing a variety of asset management services.
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Al Gore finally landed a big bucks kind of job....I wonder what kind of 1992 payback finally came due.
In another statement, Gore said that he looks forward to bringing his keen intellectual and inventitve skills to the private sector. "You know, I invented the internet and electricity, so I hope I can come up with some even more amazing ideas, like air travel."
I'm also wondering if this is a preliminary sign that he will not be seeking the nomination in 2004. I keep going back and forth on this one. On the one hand, this seems like a fairly substantial position to take with the intention of leaving in a year or so. On the other hand, this might be his way of adding corporate experience to his political resume.
Interesting, in any case...
CLINTON: I think he may be a retard!
JORDAN: Duh! But, if you had objections, you should have raised them months ago. Now, were stuck with him... unless you think we should kill him and pick somebody else.
CLINTON: I guess thats always an option, but it might look suspicious. Well see how he does for a few more weeks, at least. But Im seriously worried that he wont be able to cut it. The media can only do so much for us... I mean, how many people even watch our boy Rather anymore? Does this Gore fellow understand what hes in for?
JORDAN: Somewhat. Hes out in the waiting area right now with your secretary. Lets bring him in... (he leans over and pushes the intercom) Betty, please send the vice-president in now.
CURRIE: (over intercom) With pleasure! Mr. Gore, please put those down! Put them down! They want you in the other room! Those are mine! Leave them where they are and go into the oval office!
GORE: (over intercom) Eighty-two... fifty-four... eleventy-seven... two hundred and forty six paperclips... two hundred and forty six.
CURRIE: (over intercom) Actually, Mr. Gore. Theres only five paperclips there. Just five.
GORE: (over intercom) Two hundred and forty six... Two hundred and forty six paperclips...
The door swings open and Betty Currie is seen pulling vice-president Gore into the oval office. Gore glances around aimlessly, as he shuffles along, muttering to himself. Dressed in loose-fitting, business casual earthtones, he is holding a few paperclips and continues to count them as Currie pushes him into a chair and runs out quickly.
GORE: One twelvety-six orange eight Two hundred and forty six paperclips! (shows his five paperclips to Jordan)
JORDAN: Hello Albert. You remember President Clinton, dont you? Youve met a couple of times.
GORE: William Jefferson Clinton... 81st President of the United States... Former Senator from Texas... War hero... William Jefferson Clinton... Greatest President ever... William Jeff.. Jeff... Jefferson Clinton. Impeachment was a sham... partisan sham... totally bogus
CLINTON: Thats right Albert! A bogus sham! You remember that! Youre pretty bright! Nice to see you again. Hows things going?
GORE: Fourteen minutes till Geraldo... I have to watch Geraldo... fourteen minutes fourteen minutes till Geraldo.
JORDAN: Actually Albert, Geraldo wont be on for about six more hours, so we have some time to talk about your campaign.
GORE: Campaigns going great alpha male Al is for alpha storming into office... thirteen minutes to Geraldo.
CLINTON: I always wondered who the hell watched that show... (a sudden thought and a chuckle) Hey Albert! Geraldos on now! Hes on now! Youre missing it!
GORE: (jumping up and screaming) GERALDOS ON NOW!! CANT MISS GERALDO!! GERALDOS ON NOW!
JORDAN: Cut the crap Bill! Thats NOT funny!
GORE: GOTTA WATCH GERALDO! GERALDOS ON NOW!! NEED A TELEVISION!!
JORDAN: Albert! Albert! Calm down! Geraldo wont be on for a few more hours! The president just thinks hes funny. Calm down! Thats it... sit back down... good boy, Albert. No Geraldo on now. Ill let you know when Geraldos on. (turning to Clinton) I oughta have you killed, dickhead.
CLINTON: Ooooooh Big Man! Lighten up Vern, I was just goofing on him...
On the job training!! - but the title of executive for a flunk out is a good start.