Blair Takes $1M Part-Time JPMorgan Job

Ex-PM will advise on global politics, retain Mideast envoy role
By Jason Farago,  Newser Staff
Posted Jan 10, 2008 9:32 AM CST
International Mideast envoy Tony Blair arrives at the Elysee Palace for a meeting with French President Nicolas Sarkozy, unseen, Monday Dec. 17, 2007 in Paris. Nearly 90 countries and international organizations...   (Associated Press)
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(Newser) – Former British PM Tony Blair will advise JPMorgan Chase on global politics, and pick up a check in the neighborhood of $1 million for his part-time trouble. Blair will keep his current job as the Quartet's envoy to the Middle East, reports the Times of London, but it's hardly his first cash cow: he's inked a $10 million deal for his memoirs and is cleaning up with speaking engagements.

Earlier Blair had said he will accept "a small handful" of similar appointments, perhaps with HSBC and Citigroup. It's an ironic new career for a prime minister who, the Telegraph points out, "effectively subcontracted 'the numbers stuff' to Gordon Brown when he was chancellor."