Buddha Samurai Cadre
5th May 2010, 22:57
Blair gets massive paying job for the firm whose interests he served in number 10
Tony Blair has taken a part-time post with US investment bank JP Morgan.Mr Blair, who stood down as UK prime minister in June last year, has been employed "in a senior advisory capacity", the bank said.
He said he looked forward to advising the bank on the "political and economic changes that globalisation brings".
It is not known how much JP Morgan will pay him, but some estimates say more than $1m (£500,000) a year.
The bank said he had a "unique perspective". It said Mr Blair would advise the firm's chief executive and senior management team, "drawing on his immense international experience to provide the firm with strategic advice and insight on global political issues and emerging trends".
Tony Blair has taken a part-time post with US investment bank JP Morgan.Mr Blair, who stood down as UK prime minister in June last year, has been employed "in a senior advisory capacity", the bank said.
He said he looked forward to advising the bank on the "political and economic changes that globalisation brings".
It is not known how much JP Morgan will pay him, but some estimates say more than $1m (£500,000) a year.
The bank said he had a "unique perspective". It said Mr Blair would advise the firm's chief executive and senior management team, "drawing on his immense international experience to provide the firm with strategic advice and insight on global political issues and emerging trends".