At UN, Tony Blair Scoffs At His $1 Million JPMorgan
Job, But Conflict of Interest Safeguards Not Seen
Byline: Matthew Russell Lee of
Inner City Press at the UN: News Analysis
September 26 -- Tony Blair as in
the UN on Friday, as part of the Middle East Quartet. He is working for
while also having private sector engagements, such as a $1 million a
with JPMorgan Chase, a bank which just benefited from the subprime
scooping up the assets of Washington Mutual's savings bank at the fire
cost of only $1.9 billion. On September 25, Blair's successor as UK
Minister, Gordon Brown, spoke at length at the UN about financial
While US Treasury Secretary Hank Paulson did not find time to meet with
-- it's been billed as Snub-Gate II -- President Bush did meet on the
with Brown on Friday, as well as taking a call from France's Nicolas
Sarkozy. So it is not unreasonable that
Blair would be willing to answer a financial question at the UN on
apparently, if the question concerns a possible conflict of interest.
months, Inner City Press has asked the UN Secretariat, including Ban
spokesperson, about the possible conflict of working for a financial
well as for the UN.
Blair, pensive or praying -- where is JPMorgan Chase in his thoughts?
were initially about only Tony Blair --
"ask Blair," the Spokesperson said -- but have widened to include
Australia's Alexander Downer, with a financial consultancy while being
envoy to Cyprus.
was leaving the UN's Quarter meeting, Inner City Press asked him, "That
Morgan Chase job, do you still have it?"
Blair looked incredulous and let out an audible
scoff. One of his
assistants indicated that yes, Blair still has the job. And then they
But the issue will continue to be
Watch this site, and this Sept. 18 (UN) debate.
* * *
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