"Hi, I'm Tim Geithner and want to borrow $1B..."

So, where does Tim Geithner go when he wants to create a larger nest-egg than his exorbitant Federal salary allowed?

Obviously, joining a PEF is a smart move, but the buy in - where does that money come from?

Geithner, being a smart chap, consults his notebook...

"Hmmm - JPMC; I gave them 25 bar as Treasury Secretary, I wonder if they'd lend me some of it...?"

"Timmy, you only need to ask - one billion or two, that's all we need to know."

http://ift.tt/1olTOCV