Having an affair and retiring from service means never having to go broke, if current reports from City University of New York are any indicator. CUNY is apparently paying CIA Director General David Petraeus $200,000 each year to teach for three hours per week. His class will be largely filled out by graduate student staff, who will handle course research, administration, and grading. Normal adjunct professors at CUNY make approximately $25,000 per year.
Actually, Petraeus could make even more than that. In February, then-chancellor Matthew Goldstein offered Petraeus a salary of $200,000 per annum, supplemented by funds from a private gift. While I do not yet have a commitment for such a gift, Sid Goodfriend and I agreed that, working together, we can make it a reality.