**
New post on *Fellowship of the Minds*
<http://fellowshipofminds.wordpress.com/author/eowyn2/> Let’s See “Occupy
Wall St” Protest This
One<http://fellowshipofminds.wordpress.com/2011/10/08/lets-see-occupy-wall-st-protest-this-one/>by
Dr. Eowyn <http://fellowshipofminds.wordpress.com/author/eowyn2/>
<http://fellowshipofminds.files.wordpress.com/2011/10/chelsea-clinton-281.jpg>
Chelsea Clinton, daughter of Bill and Hillary, is 31 years old and just
landed a *$300,000-a-year job* on Wall Street, to be on the board of
directors of Hollywood mogul Barry
Diller<http://en.wikipedia.org/wiki/Barry_Diller>'s
IAC (InterActive Corp <http://en.wikipedia.org/wiki/IAC/InterActiveCorp>),
an internet company with over 50 brands across 40 countries headquartered in
New York City.
Georg Szalai
reports<http://www.hollywoodreporter.com/news/columnist-chelsea-clinton-didnt-earn-244447>for
The Hollywood Reporter, Oct 5, 2011, the IAC says Chelsea's “skills
and
background complement the existing areas of expertise of other board
members,” but her appointment is "seen by some as a celebrity appointment."
Clinton will be paid about $300,000 a year in cash and incentive stock
awards.
Steven Davidoff, a commentator for the New York Times’
*DealBook*<http://dealbook.nytimes.com/2011/10/04/handicapping-iacs-investment-in-chelsea-clinton/>,
wrote:
““Ms. Clinton has this position only because she is the daughter of former
President Bill Clinton and Hillary Rodham Clinton, the current secretary of
state. This is clearly an appointment made because of who she is, not what
she has done, one that defies American conceptions of meritocracy. The real
question is whether Ms. Clinton can act independently and provide value to
the IAC board. While there are many doubts on that score - and while Ms.
Clinton clearly did not earn this position - she can still demonstrate that
she is up to the task."
Davidoff also highlighted that IAC’s board is full of Diller friends,
including former Walt Disney boss Michael Eisner, Warner Music chairman
Edgar Bronfman Jr. and Diller’s stepson. In fact, the corporate governance
research firm GovernanceMetrics International has cited governance concerns
about IAC’s board.
+++
You'll be delighted to know that Chelsea's new boss, Barry Diller, is also
the media executive responsible for the *creation of Fox Broadcasting
Company* and USA Broadcasting.
America's bipartisan ruling class is such a cozy bunch!
*~Eowyn*
*Dr. Eowyn <http://fellowshipofminds.wordpress.com/author/eowyn2/>* |
October 8, 2011 at 7:06 am | Tags: Barry
Diller<http://fellowshipofminds.wordpress.com/?tag=barry-diller>,
Bill Clinton <http://fellowshipofminds.wordpress.com/?tag=bill-clinton>,
Chelsea-Clinton<http://fellowshipofminds.wordpress.com/?tag=chelsea-clinton>,
Fox Broadcasting
Company<http://fellowshipofminds.wordpress.com/?tag=fox-broadcasting-company>,
Hillary Clinton<http://fellowshipofminds.wordpress.com/?tag=hillary-clinton>,
IAC <http://fellowshipofminds.wordpress.com/?tag=iac> | Categories:
Children<http://fellowshipofminds.wordpress.com/?cat=34928689>,
Economy <http://fellowshipofminds.wordpress.com/?cat=17656840>,
Liberals<http://fellowshipofminds.wordpress.com/?cat=35711271>,
Media <http://fellowshipofminds.wordpress.com/?cat=292>, New World
Order<http://fellowshipofminds.wordpress.com/?cat=35346179>,
The Powers That Be <http://fellowshipofminds.wordpress.com/?cat=499558>, United
States <http://fellowshipofminds.wordpress.com/?cat=5850>, US
Presidents<http://fellowshipofminds.wordpress.com/?cat=51656283>| URL:
http://wp.me/pKuKY-9RD
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