How much is Obama's performance?

Photo: Facebook / Michelle Obama

Former US President Barack Obama delivers speeches on Wall Street for hundreds of thousands of dollars.

Obama earned approximately $ 400 000 by talking to customers Northern Trust Corp. reported last month Bloomberg . Last week, he spoke to representatives Carlyle Group LP. And next year he will be the main speaker at a conference in Cantor Fitzgerald LP about health care, for which he will receive $ 400 000.

Kevin Lewis, Obama's spokesman, told the news publication that since the end of his stay in the White House, the former president had delivered speeches "true to his values."

“His paid speaking engagements were, in part, responsible for President Obama's $2 million contribution to Chicago programs that offer job training and employment opportunities to low-income youth,” Lewis said.

Obama has not always had a warm relationship with Wall Street. In 2009, the then president sharply criticized bankers for their role in the financial crisis. His administration issued a number of new rules and regulations to try to contain the largest banks, but did not initiate a single case of leadership and did not fulfill the requirements of its party to separate the largest institutions.

The Wall Street performances were not in the best interest of former Democratic presidential candidate Hillary Clinton during her election campaign in 2016. Senator Bernie Sanders repeatedly criticized Clinton for her relationship with Wall Street firms and was opposed to the speeches she gave after she left the Obama administration, where she was secretary of state.

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