Ex-Senator Chuck Hagel sits on the advisory board of Corsair Capital. a private equity underwriter (PEU) focused on the financial services industry. Hagel's PEU appointment came in February 2009 His Corsair bio states:
Prior to his election to the U.S. Senate, Senator Hagel was president of McCarthy & Company, an investment banking firm in Omaha, Nebraska.Hagel also serves as Senior Advisor for McCarthy Capital.and director of Wolfensohn and Company, an investment and advisory firm specializing in emerging market economies..
He also serves on the Board of Directors of Chevron Corporation and Zurich’s Holding Company of America; and the Advisory Board of Deutsche Bank America, and is a Senior Advisor to Gallup.
The Pentagon helped make the world safe for American branded multinationals. Hagel faces a difficult nomination for his stance on Israel and the looming war with Iran over nuclear technology.
Update 1-7-13: President Obama nominated Hagel for Pentagon Chief. So far the press is silent on Chuck's PEU ties.
