Chelsea Clinton will start a six-figure consulting job

AP

[drZ]

NEW YORK (March 8) - Chelsea Clinton will start a six-figure consulting job after she receives a master's degree from Oxford University later this year, Newsweek magazine reports on its Web site.

The daughter of former President Clinton will work in the New York office of London-based McKinsey & Company, newsweek.com reported Friday.

Clinton, 23, accepted the position Friday after she reportedly turned down McKinsey's offer of $100,000 a year to work at its London headquarters, according to the Web site.

A spokesman for McKinsey did not immediately return a call for comment Saturday, nor did Bill Clinton's office.

Clinton, who is studying international relations at Oxford, will be one of 5,000 McKinsey consultants worldwide who research topics ranging from health care to corporate finance.

03/08/03 15:39 EST

[drZ]

heres the newsweek article:
http://www.msnbc.com/news/882427.asp?0cv=KB20

[Excuse_My_Bellicosity]

This is good. She's a consultant (read that as: "she works in a worthless no-show job that her dad got as payback for a political favor."). It's good to see Chelsea making use of her college "degree".

[steveo]

I don't know if this was asked when the story was originally posted but will she pay US taxes or UK taxes on her earnings? Maybe she'll donate some
used underwear (yuk) to charity like her dad did.

[withteeth]

According to who?

What?

[SMEDLEYBUTLER]

Chelsea

[Eric in the Ozarks]

I didn't know McKinsey was London based.

[Republican Party Reptile]

I thought it was reported that she was going to be a business analyst first? Entry level business analysts with fresh from undergraduate BA degree in tier one consulting shops (McKinsey, Booz, BCG, Bain) typically pulls down around $65 - $75K. Sounds like she is going in as an entry level first year associate (typically new MBA, or some other relevant graduate degree) where the pay rage is usually in the low 100K's with probably around up to 30% annual bonus. 10K signing sounds about right for new associates.

[mdwakeup]

She won't have any UK earnings. She'll be working in New York.

[Republican Party Reptile]

McKinesy is NOT London based. McKinsey, heck, the whole "management consulting" business was started in the U.S..

[Consort]

Please find some new material.

[skinkinthegrass]

Well sota, She'll be Hildebea$t's bag-person for the extra-legal payoffs from the Raidy's and/or Red/Marxist Fiends in Asia...you know, the same people bill 'helped' w/ missle technology...once the clintoon$' are bought, they stay bought.

Chel$ea, is a much lower-key bag-person...Bill, collected whore$ - "like flies around c$%p, in a barnyard"...not good when picking-up bribes/payoffs from their asian masters.

Question is, will this gig also stop The Clintoon$ from being in the new CBS's show "THE NEW BEVERLY HILLYBILLIES" ...I think not, she'll be the POSTER CHILD for the clintoon$' media racket.

[Eric in the Ozarks]

That's what I thought. AP must've confused the fact that her first employment contact with the company was their London office. A company I once worked for used McKinsey and Monitor for business consulting...

[skinkinthegrass]

Please find some new material...

Like this (music) "There she is... MISS AMERIKA" (music)...an product of numerous Foster/Rodam unions?...as witnessed by AR state troopers...

[LindaPie]

Has anyone gone to the http://www.mckinsey.com/ site?

Freaking cult-like.... scary.

Never saw a site that promoted itself so much.

[Republican Party Reptile]

Well, that's management consultants for ya :) A friend of mine went to McKinsey right after getting her MBA - she was 24 y.o. and her first assignment was to help figure out how to cut 4000 jobs at a major oil company. Imagine being 24 y.o. and have significant input into whether 4000 strangers have or don't have a job.

[connectthedots]

Once she starts paying herown taxes, maybe she will see the light. Doubt it, but you never know.

[Eva]

My guess is that this job is the first step in becoming a Democrat party fund raiser. She'll make lots of wealthy contacts, arrange a lot of favors with her parents and collect a lot of IOUs.

[freeper0743]

If the truth ever comes out, do you think we'll find out that Vernon Jordon got her the job?

[steveo]

thanks