Report: Obama due big payday for upcoming speech

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After making an appearance in Chicago Monday morning, it was reported former President Barack Obama has accepted an invitation to speak at Cantor Fitzgerald’s September health conference.

Obama’s price tag? A reported $400,000 to speak.

Fox News’ Charlie Gasparino was the first to report Obama’s alleged upcoming appearance and speaking fee, and he did so live on Fox Business Monday afternoon, and on Your World with Neil Cavuto.

“What sources are telling FOX Business Network is that former President Obama, now less than 100 days out of office, has agreed to a speaking engagement during Cantor Fitzgerald’s healthcare conference in September,” Gasparino said. “We understand that he is going to be the keynote speaker for the lunch, and he’s going to receive a fee of $400,000. We should point out that that’s in line with what Hilary Clinton got… we should point out that Cantor will neither confirm or deny.”

Cantor Fitzgerald self-describes itself as “a preeminent capital markets investment bank, recognized for its strengths in the equity and fixed income capital markets, its global distribution model, and for its expanding presence as the leading independent middle market investment bank serving the marketplace with investment banking services, prime brokerage, and commercial real estate financing.”

“How many times have I said it in the past…Obama will make the speaking fees earned by Hillary and Bill look miniscule.  The guy is the first black president, and he fundamentally transformed the country.  He got away with breaking the law, he pushed through the closest thing to socialized medicine, he did back room deals with Iran, and he protected Muslim extremists by pretending they do not exist. Meanwhile, he kicked Israel to the curb  in a way we’ve never seen an American president treat an ally.  There’s a lot of money in being a radical,” said the managing editor of this website, Dennis Michael Lynch.

In February, the Obamas received a bid of $60 million from Penguin Random House to distribute an upcoming book, a publishing works that also paid $15 million to Bill Clinton for his 2004 memoirs, titled My Life. George W. Bush was also compensated to the tune of $10 million after finishing Decision Points.



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