• 05 Mar 2014 at 8:30 AM

Bonus Watch ’14: Ex-Fed Chiefs

For the last eight years, up until February 3, 2014, Ben Bernanke toiled away in Washington as a public servant. He took a lot of crap for not a lot of money (compared to what he could’ve been making in the private sector) and he’s got the JoS A. Bank suits to prove it. Was he happy to answer the call of duty? Sure. Will he think of his time at the Eccles Building fondly? You betcha. Is he more than ready to open his mouth and make it rain to the tune of $6,250/minute? Ya got that right.

Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve. Bernanke was paid at least $250,000 for his first public speaking engagement, in Abu Dhabi, since stepping down in January, according to sources familiar with the matter. That compares to his 2013 paycheck of $199,700, and the appearance was only the first of three around the world this week…In hitting the speaking circuit, Bernanke is following a well-trod path of top public servants cashing in on the demand for the insights they can offer. In the case of a one-time Fed chairman, those insights could potentially be market-moving.

Step aside: Big B’s got money to make.

Bernanke enjoys ‘fruits of free market’ with first post-Fed speech [Reuters]

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Comments (8)

  1. Posted by Quant me maybe ... | March 5, 2014 at 8:53 AM

    You go Man!

    >Takes a lot of money to buy a shovel big enough to dig out of all shit that's been dropped on him over the past 8 years.

  2. Posted by Guest | March 5, 2014 at 8:54 AM

    Wow. $250,000 can buy you a stable of 25 hoes that just turned 18 and are suing their parents in NJ.

  3. Posted by Quant me maybe... | March 5, 2014 at 9:25 AM

    Or one hoe for 4 years that goes to Princeton.

    >Princeton; a better class of hoe.

  4. Posted by Ruling | March 5, 2014 at 9:27 AM

    The case was tossed yest.

  5. Posted by Guest | March 5, 2014 at 10:39 AM

    no it wasn't..?

  6. Posted by Guest | March 5, 2014 at 12:48 PM

    Dazdat three-button shit, son!

  7. Posted by Finance Troll | March 5, 2014 at 1:05 PM

    Must have Jay-Z as an agent

  8. Posted by Guest | March 6, 2014 at 9:55 AM

    I'd file this one under accrued income