Last week, 35 year-old, Indian-American Neel Kashkari was named head of the Treasury Department’s new, Orwellian-sounding Office of Financial Stability, which means he’s holding the purse-strings to the $700 million-dollar bailout. The Ohio-native got his career start as an aerospace engineer before getting his MBA and joining Goldman (showoff!), where he became a Paulson protege. He’s also a self-described “free-market Republican”…so, uh, go ahead and let the irony of Monsieur Laissez-Faire overseeing the largest financial intervention by the government since the Great Depression wash over you like a warm, golden shower.
On the upside, the dude does have “cash” and “carry” in his name, so he must know a thing or two about money, right? I don’t know anything about finance beyond balancing my checkbook, but I suppose it’s better than “NagheenaWorkHereAnymore.”
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