Geithner heading to Wall Street firm
November 16, 2013, 11:10 am
By Cameron Joseph
Former U.S.
Treasury Secretary Tim Geithner will join the private equity firm Warburg Pincus.
Geithner, who played a major role in the
federal government's rescue of the
financial system, has spent most of his career in the public sector. He'll
serve as president and managing director of the company in his new job.
"When they approached me, they
clearly wanted me to play a substantive role in helping them manage the
firm," he told the Wall Street Journal.
Geithner becomes the latest former
administration official to head to a private equity firm, a common practice
through many administrations.
Warburg Pincus
Harold Brown
was a partner at Warburg Pincus, and is a director
at the Atlantic Council of the United States (think tank).
Note: W.
Bowman Cutter was a managing director at Warburg
Pincus, and a director at the Atlantic Council of the United States
(think tank).
Open
Society Foundations was a funder for the Atlantic
Council of the United States
(think tank).
George Soros
is the founder & chairman for the Open Society Foundations,
and the chairman for the Foundation to Promote Open
Society.
Foundation
to Promote Open Society was a funder for the International
Rescue Committee, ProPublica,
the Brookings Institution (think tank), and
the Committee for Economic Development.
Timothy
F. Geithner was an overseer at the International Rescue
Committee, the treasury secretary for the Barack Obama
administration, and is the president & managing director
designee for Warburg Pincus.
Mark
Colodny is a director at ProPublica, and
a managing director at Warburg Pincus.
Henry B.
Schacht was an honorary trustee at the Brookings Institution
(think tank), and is a managing director & senior adviser for Warburg Pincus.
W.
Bowman Cutter was a managing director at Warburg Pincus,
a director at the Atlantic Council of the United States
(think tank), and is a trustee at the Committee
for Economic Development.
Donna S.
Morea was a trustee at the Committee for Economic
Development, and the EVP for the CGI Group
Inc.
CGI
Group Inc. was the Obamacare
contractor that developed Healthcare.gov web site.
Obamacare
is Barack Obama’s signature policy
initiative.
No comments:
Post a Comment