{"id":5175,"date":"2006-10-20T00:00:00","date_gmt":"2006-10-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"update-1-former-top-us-treasury-officials-join-hedge-funds","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/10\/2006\/update-1-former-top-us-treasury-officials-join-hedge-funds.html","title":{"rendered":"Former top U.S. Treasury officials join hedge funds"},"content":{"rendered":"<p>Reuters &#8211; Two former U.S. Treasury Secretaries on Thursday joined two prominent hedge fund groups, bringing their star power and global connections to one of the finance industry&#8217;s fastest-growingsegments.<\/p>\n<p>  Lawrence Summers, who served in the Clinton administration and this year resigned as president of Harvard University, is becoming a managing director at D.E. Shaw &amp; Co., which manages $25  billion.<\/p>\n<p>  John Snow, who until recently served in the current Bush administration, will be chairman at Cerberus Capital Management [CBS.UL], a multi-strategy hedge fund group with $16.5 billion in assets.<\/p>\n<p>  Late on Thursday, spokesman Peter Duda said former U.S. Vice President Dan Quayle was still chairman of Cerberus Global Investments LLC, a division of Cerberus Capital Management.<\/p>\n<p><a href=\"http:\/\/today.reuters.com\/business\/newsarticle.aspx?type=tnBusinessNews&amp;storyID=nN19309155\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Two former U.S. Treasury Secretaries on Thursday joined two prominent hedge fund groups, bringing their star power and global connections to one of the finance industry&#8217;s fastest-growingsegments. Lawrence Summers, who served in the Clinton administration and this year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5175","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5175"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5175\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}