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Former Treasury Secretary Tim Geithner Is Finally Getting Paid By Big Banks

Published: July 10, 2013
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Source: Against Crony Capitalism

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At least he’s not doing too much damage in the private sector. At least not yet. Nice that the banks are happy to pay so much for Mr. Geithner to just show up and talk for an hour.

(From The National Journal)

The Financial Times reports that Geithner, like countless former public servants before him, has hit the highly lucrative speaking circuit. He’s already made about $400,000 in just three engagements. And that tab is being footed by financial institutions such as Deutsche Bank and Blackstone, which paid him about $200,000 and up to $100,000, respectively.

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