Monday, October 6, 2008

the Office of Financial Stability

Paulson to Name Kashkari to Oversee Bailout, WSJ Says (Update1)

Oct. 6 (Bloomberg) -- Treasury Secretary Henry Paulson is expected to name Neel Kashkari to oversee the U.S. government's $700 billion financial stabilization program, the Wall Street Journal reported, citing people familiar with the matter. As assistant secretary for international economics and development at the Treasury, Kashkari is a senior adviser to Paulson and counsels him on key policy matters, according to the department's Web site.The decision for Kashkari, 35, to run the new department known as the Office of Financial Stability, may be announced as early as today, the newspaper said. see also "Top Area 51 ‘Stargate Commander’ Given Total Control Of $700 Billion US Bailout" - lol or perhaps not.

Posted by malct @ 01:01 PM (396 views)
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One thought on “the Office of Financial Stability

  • Whostolemyendowment says:

    Neel Kashkari (cash carry?) was a VP at Goldman Sachs (no surprise there)…and he is only 35! – don’t want to be agist but WTF is going on?

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