Frankie Cordeira Jr.

Description: UPDATE: Obama makes $400K for 90-minute speech at A&E event... Former President Barack ObamaBarack ObamaObama got 0K to speak at A&E event: report Comedian Hasan Minhaj blasts Trump media at correspondents' dinner Trump invites Philippine's Duterte to the White House MORE reportedly made $400000 after he did an interview last week at an A&E Networks advertising event. The former president was interviewed at The Pierre Hotel in Midtown Manhattan by presidential historian Doris Kearns Goodwin The New York Post reported. The interview which lasted 90 minutes was conducted in front of the cable network's advertisers. The event was hosted by A&E chief Nancy Dubac according to the Post. During the event the former president was asked about what he missed most about the White house and how he dealt with frustrating moments when he was president. Obama faced criticism after an earlier report that he agreed to speak at a Wall Street conference for $400000. He will appear at a Cantor Fitzgerald LP's healthcare conference in September. Sen. Elizabeth WarrenElizabeth WarrenObama got 0K to speak at A&E event: report Van Jones: Obama should do poverty tour Warren reads middle school students' letters on climate change MORE (D-Mass.) last week said she was "troubled" by the speaking fee the former president is reportedly receiving. Sen. Bernie SandersBernie SandersObama got 0K to speak at A&E event: report Van Jones: Obama should do poverty tour Sanders calls for renewed focus on fighting climate change MORE (I-Vt.) expressed disappointment in the former president's decision. "I think at a time when people are so frustrated with the power of Wall Street and the big-money interests I think it is unfortunate that President Obama is doing this" Sanders said last week. "Wall Street has incredible power and I would have hoped that the president would not have given a speech like this" he added. A spokesman for Obama rejected the idea that Wall Street would sway Obama pointing to the financial reforms implemented during his time in office. "With regard to this or any speech involving Wall Street sponsors I'd just point out that in 2008 Barack Obama raised more money from Wall Street than any candidate in history and still went on to successfully pass and implement the toughest reforms on Wall Street since [former President Franklin Delano Roosevelt]" Eric Schultz said in a statement.
By Frankie Cordeira Jr.
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