I don't see it happenning. Wouldn't it be a step down for him? But it would be a way for him to keep his hand in. But what about his Dubhai connections, would he have to give them up? That would be a huge loss of capital and power.
I don't know about Clinton. He's a has been. But there are still two U.S. Senate seats up for grabs that could give the democrats 60 seats and the ability to block filibusters. http://news.yahoo.com/s/ap/20081202/ap_on_el_se/georgia_senate .
I see Clint as an Ambasador: Obama will put him away someplace. Get him away. Perhaps Great Britian? Thiland might be preferable to Bill. Govenor Paterson will nominate a local New Yorker.
With Hillary as Secretary of State, I would expect Bill to disengage himself from his international dealings and give up the foreign income. It would definitely seem to be a conflict of interest with his wife in such a position. Ol' Bill will be losing quite an ego boost.
Hey.........Doob..aye Maybe Clint could get them to finance our next round of deficit spending????? I'd be a coup! Hey that stimulus package is comming.