Nicolas Sarkozy gets his reward for driving France into austerity
the Emirate of Qatar is going to have its state-controlled sovereign wealth fund back a private equity firm called Columbia Investments that "would have an office in London in which the former president would visit one or two days a week, according to a person familiar with the matter."
The investment will be worth 250 million and as the authors note "based on the typical 1.5 per cent fees levied by private equity groups for managing 250m, the former president and his investment team would stand to gain more than 3m annually."
What will the firm be doing? The plan is to "invest in 'European reconstruction' companies in continental Europe, with a particular emphasis on Spain."
http://www.slate.com/blogs/moneybox/2013/03/29/sarkozy_s_qatar_payday_former_french_president_nicholas_sarkozy_will_work.html
Remember what Tony Blair ended up doing to be paid off?
( 2012 story)
'I'm ready for a comeback': Blair's made millions since quitting... now he wants to 're-engage with UK politics'
*Ex-PM and wife Cherie to appear alongside Ed Miliband at an Olympics event in July... and he's already hired a spin doctor
*He thinks enough time has passed since 2007 for people to have forgotten the Iraq war AND how he was forced out of office
*Still has a job as Middle East peace envoy and a complex web of businesses earning millions
*Blair's political legacy is 'debt, war, ignorance, welfare dependency and social division', says Lord Tebbit
http://www.dailymail.co.uk/news/article-2138668/Im-ready-comeback-Blairs-millions-quitting--wants-engage-UK-politics.html