Public Service? No Thank You…

CNBC is reporting that Chelsea Clinton has left McKinsey Consulting to take a position with Avenue Capital Group, a NYC-based hedge fund partially owned by Morgan Stanley.

Although Chelsea was unavailable for comment, she is no doubt thrilled to increase her compensation while working fewer hours, and we would anticipate her becoming active in events sponsored by the Robin Hood Foundation, given her family’s experience in stealing from the rich to give to the poor.

Although Chelsea has no prior experience in the financial services industry, investors in Avenue Capital are probably hoping that her mother’s cattle-trading acumen rubbed off on her.

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