Gasparino: Obama To Receive $400,000 Fee For Cantor-Fitzgerald Wall Street Speech

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Fox Business Network's Charlie Gasparino reported Monday afternoon that former President Obama is set to receive $400,000 for a speaking engagement at a Cantor-Fitzgerald event in the fall. Gasparino said the former president hasn't been out of office but for 100 days and he is already "cashing in." Cantor-Fitzgerald, a renowned financial services firm, notably lost the most employees of any organization that had office space in the World Trade Center on 9/11.

"What sources are telling FOX Business Network is that former President Obama, now less than 100 days out of office, has agreed to a speaking engagement during Cantor Fitzgerald’s healthcare conference in September," FBN's Gasparino said. "We understand that he is going to be the keynote speaker for the lunch, and he’s going to receive a fee of $400,000. We should point out that that’s in line with what Hilary Clinton got... we should point out that Cantor will neither confirm or deny."

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