The soon to be ex-Secretary of the Treasury Timothy Geithner plans to write a book:

Timothy Geithner, who played a lead role battling the global financial crisis both at the U.S. Treasury and New York Federal Reserve, is planning to write a book on the U.S. response, a spokeswoman said on Wednesday.

Geithner, who was the longest-serving member of President Barack Obama’s economic team when he stepped down as secretary of the Treasury last month, is credited with helping to calm the financial storm that swept through Wall Street in 2007-2009.

But his support for bailing out big banks was controversial and many critics have accused him of doing too little for Main Street. In 2009, some lawmakers called for his resignation.

His spokeswoman said he had not started writing the book and will meet with publishers soon.

Any guess as to the size of his advance?

I’m guessing that it will be 7 figures.

Say what you will about the banksters, but they do tend to throw a few crumbs to their evil minions.