Jack Lew's Golden Parachute

February 25, 2013

Jack Lew's Golden Parachute

Treasury secretary nominee Jack Lew's original employment contract at Citigroup included a bonus guarantee if he left the bank for a "high level position with the United States government or regulatory body," the Wall Street Journal reports.

Roll Call reports Lew's nomination is up for a vote in the Senate Finance Committee this week.

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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Taegan Goddard's Political Wire

February 25, 2013