Hi there,

Today is the first of two Public Media Giving Days, a time to celebrate what public and independent media gives to you by giving back. If you think Democracy Now!’s reporting is a critical line of defense against war, climate catastrophe and authoritarianism, please make your donation of $10 or more right now. In honor of Public Media Giving Days, a generous donor will TRIPLE your donation, which means it’ll go 3x as far to support our independent journalism. Democracy Now! is funded by you, and that’s why we’re counting on your donation to keep us going strong. Please give today. Every dollar makes a difference—in fact, gets tripled! Thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Ex-Treasury Secretary Timothy Geithner Gets JPMorgan Credit Line for Private Equity Fund

HeadlineFeb 09, 2016

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.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top