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Al Gore Named Vice Chairman of LA-Based Financial Services Firm Metropolitan West Financial The Associated Press Published: Nov 19, 2001

LOS ANGELES (AP) - Al Gore has accepted a job as vice chairman of Metropolitan West Financial, a Los Angeles-based financial services holding company, the company said Monday.

The former vice president and last year's Democratic presidential candidate will "help us identify and evaluate new business opportunities and play an active role in shaping the future of our company," the firm's chairman and chief executive officer, Richard S. Hollander, said in a statement.

In particular, Gore will help develop strategies in biotechnology and information technology and examine opportunities for international expansion, the company said.

In the statement, Gore said that after a quarter-century of serving as a congressman, senator and vice president, "I am eager to learn more about business as an active executive of this dynamic and community-oriented company."

Gore will continue to serve as a research professor focusing on family-centered community building at the University of California, Los Angeles, and will continue to teach classes on the subject at Middle Tennessee State University and Fisk University, both in his home state of Tennessee.

Metropolitan West manages about $51.2 billion through several affiliates that providing a variety of asset management services.

-- Anonymous, November 19, 2001

Answers

Maybe he'll help them invent the Internet.

-- Anonymous, November 19, 2001

He already did that... LOL

Maybe remarket it as the GoreNet or something like that.

Silly man...

-- Anonymous, November 19, 2001

apoc, I meant that he would arrange for Metro West to get some of the credit for his newly invented Internet.

I especially liked this comment - "I am eager to learn more about business as an active executive of this dynamic and community- oriented company." Goes to just how unqualified he is. Wonder if Metro West is a publicly-held company and whether stockholders know enough to bail.

-- Anonymous, November 19, 2001

Maybe owned by some higher-ups in the DNC. Maybe they see this "position" as a way to keep Gore out of politics, and thusly giving them a (slim) chance in 2004.

-- Anonymous, November 19, 2001

I see he's gonna be doing a bit of flying. Tenn to L.A.

Trying to show us something, is he?

Wonder what his salary is.

-- Anonymous, November 19, 2001

>Gore will continue to serve as a research professor

My take: Gore will be given a fairly large, plush office, away from the regular faculty. His "classes" will consist of one graduate seminar (12 or fewer top students), whom he will meet with for 2 1/2 hours once a week (when he's in town). His "prep" will consist of talking about the meetings he's sat in, current events gleaned from the "Wall Street Journal," and a few questions inspired by whatever dense tome he's plowing through at the time. The rest of the work week, he will play golf, attend meetings, and occasionally assign his report writing and research to one of several grad slaves that have been assigned to him. (and should he assign any papers, they will do the grading, or he'll skip that part and just give them all A's)

For this back-breaking labor, he'll make at least $80K, possibly more, depending on how the football team is doing this year.

I used to know people like this when I worked as a faculty secretary. They had a nasty habit of dying of heart attacks on the golf course.

-- Anonymous, November 20, 2001

I meant $180K. coffe time!

-- Anonymous, November 20, 2001