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Tony Blair, the former British prime minister has signed a sweetheart deal with JP Morgan Chase bank. Good for him. He’s converting his years of politics and influence into cold hard cash. Hopefully he’s getting paid in sterling since the dollar is so weak these days.

The bank announced that Tony Blair was going to get tea and biscuits for the CEO, Jamie Dimon, and would be paid a million or so dollars a year for that. “Would you like milk with your tea Jamie?”

If Chase was smart they’d ask Blair to take over the subprime mortgage mess and see if he couldn’t phone a friend at the Bank of England and get them to wire over £25 billion like they did for Northern Rock. Now wouldn’t that be sweet!

Tony is quoted as saying publicly, “”I look forward to advising them on how they approach the huge political and economic changes that globalization brings. I am excited at the prospect of joining Jamie Dimon, for whom I have a lot of respect, and the whole team, adding my own experience to their work and helping them to grow.”

Privately he was heard saying, “Fucking hell Cherie, we’re going to Disney.” Cherie was understandably happy.

cherie_blair.jpg

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Steve

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