Thread: Kashkari = Cash and Carry

Kashkari = CashCarry

Can someone tell me how the heck did a 35 year old who spent most of his time in college qualify to oversee the most ruinous financial disaster to hit the US since the Great Depression? I am getting so blue with anger I can't type anymore. Can someone else do some more research into this so I can convince myself that this is not all just a hoax? I am aghast. And, of course, we find out that Kashkari used to be a Goldman Sachs banker.


http://www.rediff.com/money/2008/oct/06bcrisis5.htm

US Treasury Secretary Henry Paulson is expected to appoint [35 year old] Neel Kashkari as the interim head for its new Office of Financial Stability to oversee the $700-billion bailout programme, a media report said.

Indian origin Kashkari, a Treasury assistant secretary for international affairs, is the key adviser on whom Paulson has come to rely on during the financial crisis, The Wall Street Journal reported.

Kashkari, who was one of the originator of the bailout plan, was part of the Treasury team that negotiated the asset-repurchase programme with Congress. Now, he would oversee some key decisions on how the rescue programme would operate.


http://valleywag.com/5060601/neel-kashk ... oplay=true

Neel Kashkari reveals a coder's plan to save the world


http://www.searchindia.com/directory.html

Indian-American Neel Kashkari Hired to Save U.S. Ass


http://wordpress.com/tag/neel-kashkari-bio/

Meet Neel Kashkari: The Man With the $700 Billion Wallet

13 Things We Know about Neel Kashkari

...
6. Kashkari used to be a Goldman Sachs banker.
...

http://www.rediff.com/money/2008/oct/06bcrisis5.htm

Comments:

Hard work and Focus Pays off
by RC on Oct 10, 2008 01:34 AM Permalink | Hide replies

I dont know if it is something of great importance that we need to take pride in a person being chosen for helping out Paulson..The messages below by my fellow indian brothers is really undermining this hard working guys effort, neither there is something to take pride.


INDIAN AMERICAN TO OVERSEE $700bn BAILOUT
by ARUN JAIN on Oct 10, 2008 01:28 AM Permalink | Hide replies

Congratulations to NEEL.Americans have again done Indians proud. Our scientists,engineers ,technocrats,doctors,IT experts have won lot of laurels for the country and themselves. Keep it up but do remember you were born as a proud Indian with those values,ethics,culture & heritage.


Re: Indian American to oversee bailout
by Rohan Kwatra on Oct 09, 2008 09:42 PM Permalink
but stay calm, the chinese are already complaining about an Indian being selected and their own narrow-eyed candidate being shown the door.. they may take the protest to the United Nations..


Re: Re: dirt cheap converts
by anup on Oct 09, 2008 07:43 PM Permalink
Karthik Rajaram, a 45-year old financial manager from a LA shot
his wife, three sons and his mother-in-law to death and then killed
himself.

Rajaram held an MBA in Finance from UCLA. Earlier Rajaram took his
B.Tech from IIT Chennai. Rajaram is said to have been facing economic
hardships, as the falling stock market took its toll on this hard-
working Indian family.

One Indian falls another rises -- life goes on. And the same id true of all mankind irrespective of race and religion.


Re: Re: so
by Karikolraj Kasirajan on Oct 06, 2008 11:05 PM Permalink
The point here is, we always praise qualified experts (as INDIAN or Distant Indians) after losing them to foreign countries. This article is not about american economy or anything of that sort, its trying to project how an Indian American is going to solve this problem, which American Americans failed to solve. We are talking about our National Pride

(of course "American Americans" already solved the crisis by rejecting the bailout as an obvious crooked stunt, but since we live in a dictatorship we have obviously been thrown aside in favor of a "banking expert" who will figure out more ways to steal the taxpayers money.)


Re: so
by Dreaming of India on Oct 09, 2008 06:26 PM Permalink
It is unfortunate that qualified Indians find it easy to work and thrive outside India rather than in the home country. Oh wait.. I forgot, back home, you need to be marathi to work in Mumbai, south Indian to work in South India, Hindu so that you are seen as terrorist... now when I think about it.. I think it is easier to work outside India..

http://www.alipac.us/ftopict-134664.html