Tim Geithner, the former US Treasury secretary, has been elevated to the highest rank of public speakers, alongside former world leaders Bill Clinton and Tony Blair, after receiving about $400,000 for three speaking engagements.I'm not clear on why people would be particularly interested in Geithner's "take on topics including Federal Reserve policy and the state of the world three months after leaving the Obama administration", but then I have always been skeptical that this type of payment is actually for the speech as opposed to reminding other "public servants" of the riches that await them if they keep the industries they regulate happy.
A speech at a Deutsche Bank conference last month netted him about $200,000, according to people familiar with the situation, underscoring the lucrative fees that former public officials can receive.
Tuesday, July 09, 2013
Ka-Ching! Tim Geithner Cashes In
regulatory capture" cashes in: