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Ex-Cabinet Members Join Citigroup

HeadlineDec 13, 2010

Two former cabinet members have joined the banking giant Citigroup. Peter Orszag, who served as President Obama’s first budget director, has signed on to Citi’s investment banking group as a vice-chairman. Orszag resigned from the Obama administration in June. His hiring comes shortly after Citi also took on Carlos Gutierrez, who served as commerce secretary under former President George W. Bush.

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