Jay Carney, New White House Press Secretary, Got Huge Severance From Time Magazine

02/15/2011 01:17 pm ET | Updated May 25, 2011
  • KENNETH P. VOGEL | 2/15/11 10:08 AM EST politico.com

Not long after President Barack Obama's historic 2008 victory, Jay Carney left his perch as TIME magazine's Washington bureau chief to work for the incoming administration. But Carney, who started a new job as press secretary this week, continued reaping payments from the struggling magazine, collecting $270,000 in 2009, according to a newly released disclosure form.

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