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Home Front: Politix
Replacing Michelle Obama
2009-02-18
At the top right hand corner of Page 17 of the New York Post of January 24th, 2009, was a short column entitled; "Replacing Michelle; in the National Review, The Week" column.

I found this interesting, so here it is, word for word, as it appeared two days ago......

"Some employees are simply irreplaceable. Take Michelle Obama: The University of Chicago Medical center hired her in 2002 to run "programs for community relations, neighborhood outreach, volunteer recruitment, staff diversity and minority contracting."

In 2005 the hospital raised her salary from $120,000 to $317,000 - nearly twice what her husband made as a Senator.

Way to network Michelle!

Oh did we mention that her husband had just become a US Senator? He sure had. Requested a $1 Million earmark for the UC Medical Center, in fact.

But now that Mrs Obama has resigned, the hospital says her position will remain unfilled. How can that be, if the work she did was vital enough to be worth $317,000?
Cuz it made them about 700 grand in Uncle Sugar's money...
Posted by:Besoeker

#11  Try graduating from Princeton and getting a Harvard law degree

As JFM says, and Thealing Borgia 122 so thoroughly points out, getting degrees from expensive schools does not guarantee the holder is worth paying anything, let alone half a million dollars per annum including overhead and benefits.... although a decade ago the future Mrs. Obama certainly swanned about that Chicago law office as though she were ever so much more worthwhile than her law associate peers.

Finally, as JohnQC stated, because of her husband and his contacts, Mrs. Obama got the hospital more money than she cost, and so was worth the investment. The UC hospital is not likely to find another with all her attributes for a generation. Naturally they wouldn't fill that position with anyone less.
Posted by: trailing wife    2009-02-18 21:51  

#10  "Don't you know who I am?"
"I do. You're lucky the bar's open to you."
-- Casablanca
Posted by: mojo   2009-02-18 14:47  

#9  Her degrees give her a rather dubious honor of being among the curdled cream of the crop:
JPMorgan Chase
• James L. Dimon, CEO and Chairman: Harvard Business School (1982), Tufts University (1978)
• Barry L. Zubrow, Executive VP: University of Chicago Law School (1980), University of Chicago Business School (1979), Haverford College (1975)
• Frank Bisignano, CAO: Newport University

Citigroup
• Vikram Pandit, CEO: Columbia Business School (1986); Columbia University MBA (1980), M.S. (1977), B.S. (1976)
• Lewis Kaden, Vice-Chairman and CAO: Harvard Law School (1967), Harvard University (1963),
• Stephen Volk, Vice-Chairman: Harvard Law School (1960), Dartmouth College (1957)
• John Havens: Harvard (1979)

Bank of America
• Kenneth D. Lewis, Chairman, CEO and President: Executive Program at Stanford University, Mack Robinson College of Business at Georgia State University (1969)

Morgan Stanley
• John Mack, Chairman and CEO: Duke University (1968)
• Walid Chammah, Co-President: American Graduate School of International Management (1977), American University of Beirut (1976)
• James P. Gorman, Co-President: MBA Columbia University (1987); BA, JD University of Melbourne

Wells Fargo
• John Stumpf, President and CEO: MBA University of Minnesota, BA St. Cloud State University
• Richard M. Kovacevich, Chairman: MBA Stanford University (1967), BA Stanford (1965)

Goldman Sachs
• Lloyd Blankfein, Chairman and CEO: Harvard Law School (1978), Harvard University (1975)
• Jon Winkelried, President and Co-COO: University of Chicago Booth School of Business (1982), University of Chicago (1981)
• Gary Cohn, President and Co-COO: American University (1982)

Washington Mutual
• Kerry Killinger, CEO: University of Iowa, MBA (1971), BBA (1970)
• Alan Fishman, former CEO: Columbia University (1969), Brown University (1967)
• Stephen Rotella, President/COO: State University of New York (1978)

IndyMac
• Michael Perry, CEO: California State University, Sacramento
• Scott Keys, CFO: Loyola Marymount University in Los Angeles

Bear Stearns
• Alan Schwartz, President and CEO: Duke (1972)
• James Cayne, former CEO: attended Purdue

AIG
• Edward Liddy, CEO: MBA from George Washington University (1972), Catholic University of America (1968)
• Robert Willumstad, former CEO: attended Adelphi University

Lehman Brothers
• Richard S. Fuld, Chairman: MBA from NYU Stern School of Business (1973), University of Colorado at Boulder (1969)
• Herbert H. McDade, President and COO: MBA University of Michigan, BA Duke University
• Ian T. Lowitt, CFO: BSc. and MSc. University of the Witwatersrand (Johannesburg), BA and MSc from Oxford

Merrill Lynch
• John Thain, Chairman and CEO: Harvard Business School (1979), MIT (1977)
• Peter Kraus, Executive VP: MBA from NYU (1975), Trinity College (1974)
• Thomas Montag, Global Head of Sales: Stanford (1979)

Bernard Madoff
Hofstra College (1960)

GM: Richard Wagoner, CEO. Harvard Business School (1977), Duke University (1975)

Chrysler: Robert Nardelli, CEO. University of Louisville College of Business (1975), Western Illinois University in Macomb (1971)

Circuit City: Philip Schoonover, former CEO: University of New Hampshire (1978), Boston College; James Marcum, CEO: Southern Connecticut State University (1980)

Sprint: Dan Hesse, CEO: MA, MIT (1989); MBA, Cornell University (1977); University of Notre Dame (1975),

Charter Communications: Paul Allen, CEO. Attended Washington State University

Sirius/XM Radio: Mel Karmazin, CEO: Pace University (1967)

Midway Games: Sumner Redstone, Majority Owner: Harvard Law School (1947), Harvard University (1944); Shari Redstone, Chairman. Tufts (1975)

The final tab:

Harvard: 11
Columbia: 6
Chicago: 4
Duke: 4
Stanford: 4
American University: 2
MIT: 2
NYU: 2
Tufts: 2
University of Iowa: 2


Posted by: Thealing Borgia 122   2009-02-18 11:46  

#8  the hospital is "unfortunately" located serving communities that depend on it for service
Not really. The ER at UC hospital has begun to reject people who can't pay. The other day a black kid who was mauled by a dog was turned away. Neighborhood concerns mount after U. of C. unveils plan to redirect some patients
Hope and change!
Posted by: Spot   2009-02-18 10:43  

#7  Don't mention to John she Michelle got into Princeton via Affirmitive Action. Please save your outrage for the person who deserved to go to Princeton but was pushed out to make way for someone simply because of their RACE. (which is, BTW, the definition of Racism).

According to her own staffers, she did not have the grades to go to Harvard or Princeton (or any other Ivy League) but, because of the pigmentation of her skin, was able to push someone else (who probably worked damn hard for the chance) out.

Nobody knows if Bambi himself benefitted from Affirmative Action - his records are sealed by his own demand.
Posted by: CrazyFool   2009-02-18 10:43  

#6  Mr John Grant

You seem to imply that graduating from Harvard entitles automatically you to a 500K job

The older I grow and the more I tend to look at any university degree who doesn't require a healthy dose of maths as mere crap who entitles you to a job at McDonald's unless you can demonstrate on the ground that you are good for something.

I forgot to mention that thanks to affirmative action we don't know if Mrs O went to Harvard because she was good or because her skin was the right color.
Posted by: JFM   2009-02-18 10:29  

#5  Next time you see a Princeton or Harvard grad down an out on the street, be sure to slip them at least a $100 bill. Anything less is beneath them.
Posted by: ed   2009-02-18 10:04  

#4  Sure. And Michael told me that in five years the Corleones would be completely legitimate.
Who's being naive now, John?
Posted by: Kay Corleone   2009-02-18 09:52  

#3  Try graduating from Princeton and getting a Harvard law degree and see whether being paid $120,000.00 while others in comparable positions (Vice Presidents) at U.C. Hospital earn $500,000. Look at salaries people earn on Wall Street with far less education than she who earn millions. I would say she was being underpaid. As for the then senator requesting $1M for U.C. Hospital. The person forgot to mention that he requested several other earmarks which he made public. And did I mention that he was elected by the people of Illinois where the hospital is "unfortunately" located serving communities that depend on it for service while 45 million Americans are without health care? And by the way, has anyone asked how many top positions have been declared redundant at UCH due to the economic downturn?
Posted by: John Grant   2009-02-18 09:26  

#2  I guess this is just the MO of MO. It is what is called a "rainmaker" in the legal profession--she makes it rain money.
Posted by: JohnQC   2009-02-18 08:02  

#1  seems this one belongs in 'Lurid Crime Tales'
Posted by: Abu do you love    2009-02-18 01:06  

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