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Why Do Famous People Get Paid $250k to Give a Speech?

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Re: Why Do Famous People Get Paid $250k to Give a Speech?

#151

Earlier quoted context omitted.

The board's role has nothing to do with preparing the Internet for a nuclear attack. > The Secretary of State's International Security Advisory Board (ISAB) provides the Department with independent insight and advice on all aspects of arms control, disarmament, nonproliferation, international security, and related aspects of public diplomacy http://www.state.gov/t/avc/isab/index.htm Please explain how high frequency…

As I referred to multiple times, they were expanding to include other expertise besides nuclear and political. What about that don't you get? Unless you want to argue that even with this expanded scope he was not qualified, you're just blowing hot air.

That's the board's description now.

He was appointed in 2011.

I think you just made up this mythical expansion to include other expertise, or you're trusting a cover story someone else invented, because the board's role doesn't seem to have actually expanded.

> Board members are national security experts with scientific, military, diplomatic, and political backgrounds

Strange that they don't mention trading, or networks, or even finance or technology.

But let me give you the benefit of the doubt. If they were looking for his expertise, they must have looked for someone else with that expertise after the scandal. Who did they find instead of him?

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#152
post #8

Earlier quoted context omitted.

I don't know about changing my mind per se , but I definitely got a new perspective on financial regulation after attending a talk by Barney Frank (famous for the Dodd-Frank bill). I don't remember the exact details now, but hearing about how he designed the regulations was very interesting, even if it was a pretty high-level description. It colored my understanding of the regulation in a way that just reading a desc…

Who paid the bill for that talk? I bet it wasn't Goldman & Sachs.

It was actually Jane Street, a quantitative trading firm. The talk was even more interesting because of the context, and because I was learning a lot about finance that whole summer.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#153

Earlier quoted context omitted.

Can you point to the part of that article that offers any concrete evidence of wrongdoing?

> Fewer than half the jobs promised at the industrial park, built after 366 farmers were evicted from their lands, have materialized. Many millions of dollars earmarked for relief efforts have yet to be spent [six years later]. Mrs. Clinton’s brother Tony Rodham has turned up in business ventures on the island

Which of those appears to be concrete proof of wrongdoing to you? Is there any evidence that her brother benefited from the Foundation's actions? All I see are insinuations.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#154

Earlier quoted context omitted.

I suggest talking to a women in business or politics.

I have three sisters, two mothers, 3 aunts, a girlfriend (and ex girlfriends), and 6 female cousins - and a 20 year career working in which 50% of my colleagues were females, and several female bosses. Almost all of whom are 'professional women in business'. You're suggesting that someone commenting on HN hasn't had your amazing experience of 'having spoken to a woman with a job?'? Again - total and complete rubbish.…

Thanks for the good examples of women being bullied in business! I don't think we're disagreeing here.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#155

Earlier quoted context omitted.

The point is Clinton canceled it. ( https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Legisla... ) And the answer is: over $7 trillion. https://en.wikipedia.org/wiki/Emergency_Economic_Stabilizati... So yeah, $200k.

> And the answer is: over $7 trillion. Only if you include monetary policy, directed by a Federal Reserve chairman appointed by George W. Bush, the same man who signed into law the bailout programme. Goldman Sachs was far from the chief recipient of those funds and had to pay back the bail-out funds (at a profit to the U.S. government).

I gave a link with data that adds it up and how they added it up. You just gave your opinion.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#156

Earlier quoted context omitted.

> Fewer than half the jobs promised at the industrial park, built after 366 farmers were evicted from their lands, have materialized. Many millions of dollars earmarked for relief efforts have yet to be spent [six years later]. Mrs. Clinton’s brother Tony Rodham has turned up in business ventures on the island

Which of those appears to be concrete proof of wrongdoing to you? Is there any evidence that her brother benefited from the Foundation's actions? All I see are insinuations.

Millions of dollars donated for Haiti disaster relief weren't spent on disaster relief.

That doesn't seem like wrongdoing to you?

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#157

Earlier quoted context omitted.

Which of those appears to be concrete proof of wrongdoing to you? Is there any evidence that her brother benefited from the Foundation's actions? All I see are insinuations.

Millions of dollars donated for Haiti disaster relief weren't spent on disaster relief. That doesn't seem like wrongdoing to you?

Not unless it is shown that it was spent on some other expense. Haiti was uniformly difficult for a wide range of charities.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#158
post #122

Earlier quoted context omitted.

> The rewards to attracting the right people in the corporate world can more than justify a six-figure speech. Hedge funds often invite potential clients to events featuring prominent speakers. As one hedge fund manager has explained, if just one client “decides to invest $10 million… the firm will snag a 2 percent management fee—which works out to $200,000” per year. This on the other hand seems like a very legitima…

I guess I think that my point still stands. The existence of legitimate reasons does not rule out or make less likely illegitimate ones. The main way I think this topic goes wrong is becoming a trial. In a trial you are looking for definite proof of unacceptable (and ideally illegal) misconduct. This is not a trial question, IMO. If you find out the girls have been in the boys room while at band camp, you can probabl…

Occam's razor implies that the simplest explanation is usually the correct one.

Re: Why Do Famous People Get Paid $250k to Give a Speech?

#159
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Re: Why Do Famous People Get Paid $250k to Give a Speech?

#160
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