Geithner to head to private equity firm

  • Former Treasury Secretary Timothy Geithner is now expected to serve as the managing editor and president of private equity firm Warburg Pincus LLC. 

    Geithner played an integral role in the government's response to the 2008-2009 financial crisis and has spent a substantial amount of career in government. He became Treasury secretary in 2009 after leading the Federal Reserve Bank of New York.

    His new position will start March 1 but there's no word regarding his pay. 

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