interestrateripoff Posted February 25, 2012 Share Posted February 25, 2012 http://www.dailymail.co.uk/news/article-2106313/David-Miliband-paid-70-000-just-days-work-advising-venture-capitalists-investing-green-technology.html David Miliband earned a staggering £20,000 a day as an adviser for a company investing in green technology, it has been revealed.The former Foreign Secretary was paid £70,000 for just three-and-a-half days spent working for VantagePoint CleanTech in California. The post with the American venture capitalists is the latest in a series of lucrative part-time positions Mr Miliband has taken up since being beaten by his brother in the Labour leadership contest. Wow, I wonder what brilliant advice he gave for £20k a day! A 3.5 day working year sounds great to me. We could really get the consumer economy booming if more people had work like this. I do hope he's doing what's right and spending the money in the UK economy to get the growth we desperately need. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted February 25, 2012 Share Posted February 25, 2012 http://www.dailymail...technology.html Wow, I wonder what brilliant advice he gave for £20k a day! A 3.5 day working year sounds great to me. We could really get the consumer economy booming if more people had work like this. I do hope he's doing what's right and spending the money in the UK economy to get the growth we desperately need. Getting access to the right people in government I guess. Quote Link to comment Share on other sites More sharing options...
Self Employed Youth Posted February 25, 2012 Share Posted February 25, 2012 He does work a 150 hour week... http://www.thestar.co.uk/news/local/labour_eds_in_the_right_direction_1_4233661 Quote Link to comment Share on other sites More sharing options...
bmf Posted February 25, 2012 Share Posted February 25, 2012 Getting access to the right people in government I guess. Exactly. I'm sure this case is totally above board. :-) However I hear that very rarely business can pay for more access than the rest of us. Asynchronous payment. It's not a bribe if you pay someone for their "in depth experience" and then everyone walks away. Then later when you need a favour that's "completely unrelated" you can rely on your good friend <insert_politician_here/>. Quote Link to comment Share on other sites More sharing options...
wonderpup Posted February 25, 2012 Share Posted February 25, 2012 Getting access to the right people in government I guess. Yep- it's a safe bet that David Milliband will have some pull in any future labour government- and it probably cheaper to buy him now than it will be then- just a business investment on their part. Soon we'll have the same situation as the US- where they have the best government money can buy. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted February 25, 2012 Share Posted February 25, 2012 VantagePoint CleanTech in California. Wonder where they get their money from? A4e type funding model? Quote Link to comment Share on other sites More sharing options...
Ulfar Posted February 25, 2012 Share Posted February 25, 2012 I thought David Milliband was an MP and therefore working for the voters. If he wants to do other work then stop being an MP. This sort of thing stinks and everyone knows it. Quote Link to comment Share on other sites More sharing options...
200p Posted February 25, 2012 Share Posted February 25, 2012 Ah another glimpse of how the real world works. Money talks. Quote Link to comment Share on other sites More sharing options...
tinker Posted February 25, 2012 Share Posted February 25, 2012 My head wants to explode! When stuff like this goes on with non-entities such as DM you soon realise that the world is fundamentally perverse. They take money, shape laws, then get rewarded when they move on. We should all be doing politics and economics degrees. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted February 25, 2012 Share Posted February 25, 2012 Soon we'll have the same situation as the US- where they have the best government money can buy. What do you do in your spare time? A bit of angling? Well I'm not falling for it. Quote Link to comment Share on other sites More sharing options...
leicestersq Posted February 25, 2012 Share Posted February 25, 2012 Green technology needs taxpayers money to make it profitable. Therefore you need to grease the palms of corrupt politicians. Quote Link to comment Share on other sites More sharing options...
homeless Posted February 25, 2012 Share Posted February 25, 2012 a little probing. this company is the owner of about 50 hi-tec and enviro type and security product companies based all over the world. its a private company with over 4 billion invested, no idea who the backers are. they have only one company in the uk SolarCentury SolarCentury is Europe’s leading building integrated solar company, with commercial installations generating 9.5 MW of electricity every year. London, England do you think milliband was givig 70k to push to stop the removal of solar subsidies or push solar power in the uk??? i took a look at solarcentury the supply schools and the public sector just now they have a campaign on their website SIGN NOW - Ask David Cameron to back solar Our second legal victory is great news, but the Government looks set to appeal once more. To avoid delay and more uncertainty, FoE is calling for Cameron to accept the ruling and get on with creating solar jobs. Quote Link to comment Share on other sites More sharing options...
homeless Posted February 25, 2012 Share Posted February 25, 2012 (edited) the reason they hired him was He was recruited to advise the company's investment team on international opportunities and policy innovations. how the f%$^ would he know more than the companies investment team about the companies own products lol. This is theft and robbery and cheating, its just so hard to prove this fact, allways watered down as a consultant or advisor, load of sh%^ he knows nothing of what this company is about or can achieve and certainly after 3 days ill advised to suggest anything to them. he has been paid to push their products in parliment and the civil service ect. and you milliband can sue me for calling you a thief and cheat and scumbag if you want. see you in court Edited February 25, 2012 by homeless Quote Link to comment Share on other sites More sharing options...
MrPin Posted February 25, 2012 Share Posted February 25, 2012 Thank Goodness, politicians are neither wasting either their time or our money! Quote Link to comment Share on other sites More sharing options...
homeless Posted February 25, 2012 Share Posted February 25, 2012 You really do have to love the star, don't you! looking at the mail article it seems he made half his huge salary for about 20 days work Quote Link to comment Share on other sites More sharing options...
erranta Posted February 25, 2012 Share Posted February 25, 2012 (edited) Exactly. I'm sure this case is totally above board. :-) However I hear that very rarely business can pay for more access than the rest of us. Asynchronous payment. It's not a bribe if you pay someone for their "in depth experience" and then everyone walks away. Then later when you need a favour that's "completely unrelated" you can rely on your good friend <insert_politician_here/>. Wot like hinting at semi-secret Uk Govt "future plans" so the 'old boy' network can vulturise and buy into companies that would profit and grow from these future policies? Just like Worlds Billionaires flooded into funding early fledgling Solar companies (that were falsely supported with Trillions of Taxpayer Dollars/Pounds pushing shares right up! When the Govt "False Subsidy" support was withdrawn - the solar scammers immediately went bust Bit of light thrown on that obvious 'Greeny' scam (snotcricket or a level playing field) Edited February 25, 2012 by erranta Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted February 26, 2012 Share Posted February 26, 2012 Of course, Millibands Policies are not influenced at all by this "work". Quote Link to comment Share on other sites More sharing options...
R K Posted February 26, 2012 Share Posted February 26, 2012 policy innovations. From the Grantley Chapps school of incentives Quote Link to comment Share on other sites More sharing options...
thod Posted February 26, 2012 Share Posted February 26, 2012 It is more usual to hire the wife of the politician as the consultant to keep distance. Quote Link to comment Share on other sites More sharing options...
MrPin Posted February 26, 2012 Share Posted February 26, 2012 I'm afraid nobody is paying for "advice" from a career politician, since he will know nothing. More likely they are paying for influence! Quote Link to comment Share on other sites More sharing options...
geezer466 Posted February 26, 2012 Share Posted February 26, 2012 Seems Ken Livingstone is also quite adept at saying one thing and doing another. Has squirrelled earnings away in the PLC where he and his wife own 100% of the shares to avoid tax at the higher rate. Yet goes on radio and the TV berating others who do the same. Ken Livingstone, who has attacked tax avoiders as “rich b-------” who should “not be allowed to vote”, has avoided at least £50,000 in tax by having himself paid through a personal company. Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted February 26, 2012 Share Posted February 26, 2012 I genuinely couldn't remember the other brothers name till I read the article. i.e. Ed, the labour leader. Quote Link to comment Share on other sites More sharing options...
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