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Dad's Unemployed, Mom's Got A Government Job, So Someone's Got To Be The Earner

chelseaclinton1.pngThe Daily News reports that Chelsea Clinton is moving on up:

Former and perhaps, future First Daughter Chelsea Clinton is getting a new job - and probably a big raise.

Clinton is taking a post at the Avenue Capital Group, a hedge fund run by supporters of her mother, according to a person familiar with the company's decision.

The 26-year-old Chelsea has been a consultant at McKinsey and Co., and the move to the hottest sector of finance would almost certainly mean a raise.

Annual bonuses for junior hedge fund staffers can exceed the entire salaries of consultants of Clinton's vintage, which run in the $100,000 to $150,000 range.

New gig has Chelsea hedging into big money [New York Daily News]


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Comments

october suprise 2008 ... another hedge fund scores it big ... with a new record loss ... none other than the dem nominee's daughter's :)