Treasury Restructuring Head Quits

The U.S. Department of Treasury’s chief restructuring officer, James Millstein, will depart from the government on Feb. 25, 2011.

The U.S. Department of Treasury’s chief restructuring officer, James Millstein, will depart from the government on Feb. 25, 2011, The Wall Street Journal reports. Millstein has previously worked at investment-banking firm, Lazard. At the Treasury Department, Millstein was working on the restructuring of AIG, which received a $182.3 billion bailout. The restructuring expert is seeking to explore job opportunities in the public or private sector and will remain in Washington.

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