The libertarians-tea partiers of the 7th Congressional District of Virginia didn’t want Eric Cantor to represent them anymore. It looks as if they did him a favor because, as we all suspected, he landed on his feet.
At a reported $3.4 million pay package at his new job at Moelis & Co, according to the Wall Street Journal, he will make far more in private industry than in Congress which, by the way, was $193,400. (See details of his new salary at the Wall Street Journal’s Pay for Eric Cantor’s Wall Street Post: $3.4 Million.)
Moelis & Co is in New York but a Washington office will be opening.