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February 9, 2016

Ex-Treasury Secretary Timothy Geithner Gets JPMorgan Credit Line for Private Equity Fund
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In the latest sign of the revolving door between the U.S. government and
Wall Street, former Treasury Secretary Timothy Geithner has secured a
personal line of credit from JPMorgan Chase-one of the banks he was
previously charged with overseeing-in order to help fund his new
endeavors in private equity. Geithner is reportedly borrowing the money
to invest in a $12 billion fund being raised by his current employer,
the private equity firm Warburg Pincus.


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