breaking news
Going from the U-S military to the nation`s
biggest investment banking house off Wall Street, Wesley Clark`s
income soared.
The Democratic presidential candidate`s tax records show he made
less than 100-thousand dollars in 1999 to about one-point-six (m)
million last year.
The records were released by his campaign.
More than half of the retired general`s income in the past two
years came from speeches and book-writing, Clark`s financial
disclosure form being filed with the Federal Election Commission
shows.
After joining Stephens Group in Little Rock as an investment
banker in 2000, Clark collected fees of more than 239-thousand
dollars while sitting on the boards of several corporations.
In 14 months, Clark made more than one (m) million dollars at
Stephens before leaving the company to start his own consulting
firm. Clark`s checking account at his new consulting business
contains between half a (m) million and one million dollars,
according to his disclosure form.
Posted by Mike Hellgren
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