by Karl Utermohlen | July 16, 2013 1:50 pm
Retired Gen. David Petraeus has decided to waive his teaching salary with the City University of New York.
The man who resigned as Director of the Central Intelligence Agency back in November was recently offered a $200,000 salary to teach a seminar for CUNY. Petraeus agreed to teach for a reduced salary of $1 following the public outrage that ensued after his initial salary was revealed.
The New York Times reports that he made this decision after experiencing some backlash from fellow professors and politicians.
His lawyer insists that he took this position solely for the sake of the students and the school. CUNY initially reached out to him with the hopes of getting a man of his pedigree to provide a unique academic experience for their students.
Months after his much publicized sex scandal, Petraeus seems to be looking to change his public persona with this act of humility.
The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.
Source URL: http://investorplace.com/investorpolitics/petraeus-takes-a-big-pay-cut-for-teaching-gig/
Short URL: http://investorplace.com/?p=373974
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.