He made a couple of million from Carver stock several years ago when he was set up to buy a big block of stock at a song and then sold after Debbie and company managed to run the price up for him. By the time the rest of us found out that he had sold, the stock had tanked. There should have been an SEC investigation but, hey, he was Richard Parsons after all. Here's his latest adventure from the NYT:
"Richard D. Parsons, chairman of Citigroup and former chief executive of Time Warner, is planning to announce on Wednesday that he will become a senior adviser to Providence Equity Partners, the large private equity firm that owns media companies like Metro Goldwyn Mayer, Hulu and Univision, according to people briefed on the appointment.
Mr. Parsons disclosed his plans to Citigroup’s board on Tuesday and told them he intended to remain the firm’s chairman, these people said.

The new position at Providence, which Mr. Parsons plans to pursue part time, will put him back into the deal-making fray within the media world for the first time since retiring from Time Warner’s board this year."