Billionaire Mark Cuban completely deflated Fox's Neil Cavuto on Tuesday afternoon after the business news host complained about the speaking fees received by former President Bill Clinton that went to the Clinton Foundation.
After Cavuto questioned Clinton receiving $250,000 for a speech, Cuban set him straight about what the market pays for ex-presidents..
"Look. You have to ask yourself what's the market for a former president giving a speech, right?" he lectured. "So first of all, Ronald Reagan was paid more than a million dollars for speeches in 1989. He went to Japan and gave two speeches. Second of all, Bill Clinton made, I think it was $250K give or take, for a lot of speeches. I've made $250K for a bunch of speeches. For the most part, he gets paid a little more than I do, but the point is he was right inside the market. He wasn't getting paid more or less than the market."
When Cavuto attempted to make the case that Clinton received the money -- that actually went to the Clinton Foundation -- as part of a "pay for play" scheme, Cuban knocked that down too.
"In order to determine if there is any quid pro quo, there's go to be some money destined for the trade-off," Cuban said, before interrupting Cavuto's claim that it looks suspicious, saying, "But Neil, they've been investigated more than anybody."
Watch the video below, discussion of Bill Clinton begins at the 6:20 mark:
