The New York Times has a good story about the fact that Pimco is using the names of Alan Greenspan, Joshua Bolten (who was President George W. Bush's chief of staff) and former Treasury official Neel Kashkari to help raise money for a new fund to buy distressed mortgage debt from banks. It's been reported that Mr. Greenspan consults to Pimco and that Mr. Kashkari went to work there, but I hadn't seen the Bolten angle before.
One quibble with the Times story: It says, "While Pimco did not create shoddy mortgages or contribute to the crisis, its presentation to investors, which was prepared in October, suggests that former senior officials are now poised to help investors benefit from the disastrous financial developments that occurred while they held power in Washington."
I don't buy the claim that Pimco did not contribute to the crisis. In fact it was holding vast amounts of Fannie and Freddie debt, and its manager Bill Gross was publicly agitating for the government to come in and take over Fannie and Freddie. When the government did that — and essentially wiped out the shareholders — it scared away anyone thinking of buying shares in other undervalued financial companies, and created a panic. Pimco did well. You can read about it here and here.