Post by Deleted on Apr 12, 2018 17:14:41 GMT -5
finance.yahoo.com/news/ryan-poised-earn-millions-even-080000347.html
Now here's something to really get enraged about instead of pissing and moaning about a handful of people nickel and dimeing the food stamp program.
Ryan is now going to collect his reward from the corporate overloads for all the hard work he did screwing over the working class at their behest.
Now here's something to really get enraged about instead of pissing and moaning about a handful of people nickel and dimeing the food stamp program.
Ryan is now going to collect his reward from the corporate overloads for all the hard work he did screwing over the working class at their behest.
Paul Ryan will easily add to his already considerable net worth if he opts to stray from his native Wisconsin to join a corporate board or dabble in Washington power struggles when he retires next year as speaker of the U.S. House of Representatives.
"The kind of board that he would go after would probably pay between $250,000 and $300,000 a year and he could probably get three or four of them," saidFred Foulkes, a professor of at Boston University’s Questrom School of Business. "There would be dozens that would like to have him, particularly companies that have part of their business in key relationships with certain parts of government."
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Ryan, 48, who said he was retiring to be more than a "weekend dad," could easily follow the path of previous congressional leaders, includingNewt Gingrich and Richard Gephardt, who became corporate directors. Former SpeakerJohn Boehner, his immediate predecessor, recently joined the advisory board for U.S. cannabis producer Acreage Holdings and is already serving on the board of Arizona Mining Inc. and the advisory board to JBS USA, the American arm of a Brazilian food giant. That’s in addition to being a senior strategic adviser at the law firm of Squire Patton Boggs LLP.
Ryan cannot jump right into lobbying, there’s a one-year cooling-off period for representatives, two for senators. But nothing bars him from joining boards. Since 1992, 44 percent of senators and 11 percent of representatives who’ve departed Capitol Hill have ended up in boardrooms, according to research from Harvard University and Boston University that was published before the 2016 election.
"The kind of board that he would go after would probably pay between $250,000 and $300,000 a year and he could probably get three or four of them," saidFred Foulkes, a professor of at Boston University’s Questrom School of Business. "There would be dozens that would like to have him, particularly companies that have part of their business in key relationships with certain parts of government."
More from Bloomberg.com: Trump Meets Mattis as He Weighs Military Action in Syria
Ryan, 48, who said he was retiring to be more than a "weekend dad," could easily follow the path of previous congressional leaders, includingNewt Gingrich and Richard Gephardt, who became corporate directors. Former SpeakerJohn Boehner, his immediate predecessor, recently joined the advisory board for U.S. cannabis producer Acreage Holdings and is already serving on the board of Arizona Mining Inc. and the advisory board to JBS USA, the American arm of a Brazilian food giant. That’s in addition to being a senior strategic adviser at the law firm of Squire Patton Boggs LLP.
Ryan cannot jump right into lobbying, there’s a one-year cooling-off period for representatives, two for senators. But nothing bars him from joining boards. Since 1992, 44 percent of senators and 11 percent of representatives who’ve departed Capitol Hill have ended up in boardrooms, according to research from Harvard University and Boston University that was published before the 2016 election.