Former President Barack Obama is under fierce criticism this week after it was announced that he is being paid $400,000 to speak at a conference held by Wall Street firm Cantor Fitzgerald.

Obama has many times said he is not going to make money off of the “fat cats” on Wall Street — and as recently as January said during a “60 Minutes” interview when asked directly that he is “not going to Wall Street.

Watch the damning clip above.