Wall Street Bankers Offered Lucrative Access to Join the Pentagon

A headhunting presentation aimed at recruiting Wall Street investment bankers to the Pentagon dangled access to government officials and foreign royal families that could be used to raise capital in the future, according to a slide deck viewed by The New York Times.The presentation says that the Pentagon is seeking to build a 30-person investment team to deploy up to $200 billion in government investment over the next three years.Joining the team offers “unmatched access to top-level government officials and privileged information flow — whatever you need, you can get.”“If you ever want to raise your own fund, you will gain access to fund-raising channels that include royal families and foreign sovereign contacts,” the slide deck says.The document was prepared by Heidrick & Struggles, a headhunting firm.

It is not clear whether Pentagon staff members approved or dictated the content of the presentation, which features an agency logo.The Defense Department declined to comment.Heidrick & Struggles did not immediately respond to a request for comment.

The presentation was earlier reported by Semafor.Officials in and around the Trump administration have continually blurred the lines between public service and individual profit seeking.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....