<p>Interesting article in today’s Boston Globe about ex-presidents.</p>
<p><a href=“http://www.boston.com/news/globe/editorial_opinion/oped/articles/2007/02/28/ex_presidents_big_payday/?p1=MEWell_Pos4[/url]”>http://www.boston.com/news/globe/editorial_opinion/oped/articles/2007/02/28/ex_presidents_big_payday/?p1=MEWell_Pos4</a></p>
<p>In case you can’t open:</p>
<p>"We learned last week that in the six years since Bill Clinton left office, he has pocketed a staggering $40 million in speaking fees. Tirelessly working the lecture circuit, he has delivered hundreds of speeches, often at a price of $150,000 and up. Two-thirds of his speaking money has come from foreign sources, according to the Washington Post, including “Saudi Arabia’s Dabbagh investment firm, which paid $600,000 for two speeches, and China’s JingJi Real Estate Development Group, run by a local Communist Party official, which paid $200,000 for a speech.”</p>
<p>The scale of Clinton’s post-White House earnings is known only because financial-disclosure rules require his wife, Senator Hillary Clinton, to report them. (They don’t include the additional millions his speeches have raised for the William J. Clinton Foundation, his nonprofit charity.) But he is hardly the only former president to leverage the prestige of the presidency for big bucks.</p>
<p>This shabby practice began with Gerald Ford, who accepted high-paying board memberships at companies like 20th Century-Fox, Primerica, and American Express. Ronald Reagan accepted $2 million to deliver two 20-minute speeches in Japan shortly after leaving the White House in 1989, and both George H. W. Bush and Jimmy Carter have traveled widely to lecture for pay.</p>
<p>The elder Bush in particular seems to be Clinton’s model. The Wall Street Journal reported a decade ago that “in the four years since he left office, Mr. Bush, already a wealthy man, has earned millions of dollars speaking publicly.” Charging $80,000 to $100,000 per appearance, “Bush generally restricts himself to giving speeches and rubbing shoulders with corporate executives and high-level government officials.”"</p>