https://hotair.com/headlines/archives/2013/01/12/best-and-brightest-jack-lew-had-major-role-at-citigroup-when-it-nearly-imploded/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 12:19:07 -0400<![CDATA[In early 2008, he became a top executive in the Citigroup unit that housed many of the bank’s riskiest operations, including its hedge funds and private equity investments. Massive losses in that unit helped drive Citigroup into the arms of the federal government, which bailed out the bank with $45 billion in taxpayer money that year.]]>Sat, 12 Jan 2013 13:25:02 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/01/12/best-and-brightest-jack-lew-had-major-role-at-citigroup-when-it-nearly-imploded-n99181