What's a little mutual backscratching among One Percenters?

Here's Timothy Geithner last January, at the end of his time in office as Treasury Secretary:

Another fiction that has plagued Geithner is the idea that he is a creature of Wall Street...Geithner says it’s “extremely unlikely” he will take a job in the world of finance, but the idea that he is somehow, secretly, working hand in hand with that community persists...

Here's Timothy Geither now:

Former U.S. Treasury secretary Timothy Geithner, who played a central role in the government’s response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus... The firm declined to comment on Geithner’s compensation.

Of course, this is as surprising as the sun rising in the morning. It was inevitable that Geithner would cash in. As a prominent Wall Street banker said in 2009:

"For Washington to not demand anything when it saved us, even stuff we know is good for our long term good was one of the stupidest moves in modern times. ... I feel like I should go over and hug Tim. It's a shame we can't pay him, 'cause that's a guy who really earned a big time bonus."