U.S. ECONOMY: Neel Kashkari's role as advisor to Paulson

SAJAforum coverage of Neel Kashkari, the new bailout boss:
Oct. 13: His first speech
Oct. 9: His first quotes
Oct. 7: Profile
Oct. 6: His nomination
Sept. 25: The post below
Listen to a discussion about him and the rest of the economic meltdown here.

Thursday, Sept. 25, 2008, 10:02 pm ET: The front page of NYTimes.com shows one of the most influential South Asian in America at this moment. In the purple tie, two over from Secretary Paulson is Neel Kashkari, a Special Advisor to the Secretary (he's at the Assistant Secretary level and was nominated by President Bush in November 2007). They both worked at Goldman Sachs.

From his official bio at the Treasury Department:

Neel Kashkari is Senior Advisor to U.S. Treasury Secretary Henry M. Paulson, Jr. He provides counsel to the Secretary on key policy matters.                

Prior to joining the Treasury Department, Mr. Kashkari was a Vice President at Goldman, Sachs & Co. in San Francisco, where he led Goldman's IT Security Investment Banking practice, advising public and private companies on mergers and acquisitions and financial transactions. Prior to his career in finance, Mr. Kashkari was a R&D Principal Investigator at TRW in Redondo Beach, California where he developed technology for NASA space science missions such as the James Webb Space Telescope.

 

Originally from Stow, Ohio, Mr. Kashkari graduated from the University of Illinois at Urbana-Champaign with a Bachelor’s and Master's degree in Engineering. He also received an M.B.A. in Finance from the Wharton School. Mr. Kashkari and his wife Minal maintain residences in Maryland and California.

Post your comments below.

[UPDATE: See SAJAforum posting on Oct. 6, 2008, about Kashkari's appointment as interim head of $700 billion bailout. Listen to a discussion about him here.]

Comments

[Steve]

Here is the truth about what is going on with this crisis.

And who caused it!

http://www.youtube.com/watch?v=H5tZc8oH--o

[Steve]

By the way, I don't agree with the end of the video.

http://www.youtube.com/watch?v=H5tZc8oH--o

McCain is no solution. I saw him praise Bill Clinton tonight. If he says that Clinton is good that is the same thing as saying that McCain himself is bad.

The first part about how we got into this is the truth. And it does seem that Bush and McCain to their credit tried to stop it now and again. But still if McCain supports any bailout it will show that he is part of the problem.

And I am so tired of voting for the lesser of two evils as in the end I only get more evil. So I am going to vote third party this year knowing that Obama will get in. But just like in 1976 when Carter got in and nearly destroyed America, this will happen with Obama. But in 2012 we can elect someone good like Jindal just like in 1980 we elected Reagan. Unfortunately its the only way it is going to work.

[AJ]

I want to thank you for being even handed and still "Desi Spot" when the man is part of something very, very evil.

You could have ignored this guy but you didn't and I believe that shows that you are trying to be balanced, as you don't only show Desis when they are good but you do point out the evil ones as well.

[Steve]

Here is an important radio program about what is happening.

http://tinyurl.com/deacebailoutsept25

[Blogger]

Jindal's an idiot.