Obama's Recent Speeches Include An Administration-Connected Private Equity Firm

Several years after private equity firm Carlyle Group LP successfully pushed the White House to relax Environmental Protection Agency rules to the benefit of two Carlyle-owned oil refineries in Pennsylvania, former President Barack Obama, as part of a series of paid speeches, made a stop at its conference last week.

Bloomberg first reported the former president’s recent paid speech rounds Monday, citing “two people who were there” at a Carlyle event in Washington, D.C., last week, where he “discussed his life and the decisions he made in the White House.” It’s unclear whether and how much he was paid by Carlyle, which declined to comment to International Business Times, but Bloomberg reported that he received $400,000 for a Northern Trust Corp. engagement in August, and earlier this year won the same amount from the investment bank Cantor Fitzgerald, for which he was slated to speak again next week.

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