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David Miliband Paid £70,000 For Just Three Days' Work Advising Venture Capitalists Investing In 'green' Technology


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#1 interestrateripoff

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Posted 25 February 2012 - 04:37 PM

http://www.dailymail...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.

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#2 aSecureTenant

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Posted 25 February 2012 - 05:08 PM

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.

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#3 Self Employed Youth

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Posted 25 February 2012 - 05:11 PM

He does work a 150 hour week...

http://www.thestar.c...ction_1_4233661
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#4 bmf

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Posted 25 February 2012 - 05:36 PM

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/>.

#5 wonderpup

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Posted 25 February 2012 - 05:37 PM

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.

#6 Executive Sadman

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Posted 25 February 2012 - 05:46 PM

VantagePoint CleanTech in California.

Wonder where they get their money from?

A4e type funding model?
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#7 Ulfar

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Posted 25 February 2012 - 05:51 PM

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.

#8 200p

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Posted 25 February 2012 - 06:57 PM

Ah another glimpse of how the real world works. Money talks.

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#9 tinker

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Posted 25 February 2012 - 07:18 PM

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.

#10 Democorruptcy

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Posted 25 February 2012 - 07:59 PM

Soon we'll have the same situation as the US- where they have the best government money can buy.


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#11 leicestersq

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Posted 25 February 2012 - 08:20 PM

Green technology needs taxpayers money to make it profitable. Therefore you need to grease the palms of corrupt politicians.

#12 homeless

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Posted 25 February 2012 - 08:24 PM

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.

#13 homeless

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Posted 25 February 2012 - 08:30 PM

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 by homeless, 25 February 2012 - 08:34 PM.


#14 MrPin

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Posted 25 February 2012 - 08:36 PM

Thank Goodness, politicians are neither wasting either their time or our money! :unsure:
Ignorance can be cured! Stupidity cannot!

#15 homeless

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Posted 25 February 2012 - 08:48 PM

:lol:

You really do have to love the star, don't you! :rolleyes:


looking at the mail article it seems he made half his huge salary for about 20 days work




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