Citigroup Inc., recovering from its $45 billion bailout in 2008, is in advanced talks to hire former White House Budget Director Peter Orszag, people with knowledge of the matter said.I wonder what he did at the White House to get the back end payoff from Wall Street now, and I am not feeling hopey changey right now.
Orszag, 41, may take a job in the New York-based firm’s investment-banking division, the people said, declining to be identified because the discussions are private. An announcement may come as early as today, one of the people said.
Wednesday, December 1, 2010
Yeah, Barack Obama is Shutting Down the Revolving Door……
Former White House Budget Director Peter Orzag is going to work for Citi's investment banking income:
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