Jack Lew’s NYU/Citigroup ties under scrutiny

Lew in NYU stew
Kickback queries

By GEOFF EARLE Bureau Chief
Last Updated: 12:21 AM, February 15, 2013
Posted: 11:58 PM, February 14, 2013

WASHINGTON — Jack Lew’s time as an executive at New York University — when the school was accused of steering students to pricey Citigroup loans — is triggering problems for his Treasury Secretary confirmation because he left the school to work for the bank, The Post has learned.

Lew served as executive vice president for operations at NYU from 2001 to 2006 — during which time the school was investigated for making Citigroup a preferred lender in exchange for “sweeteners,” cash and other incentives, according to the New York Attorney General’s office at the time.

NYU settled the probe by returning $1.4 million to students and did not admit or deny guilt.

Lew left NYU for a job at Citigroup.

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