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Former Goldman Sachs banker to oversee "bailout"

biz.yahoo.com — Treasury Secretary Henry Paulson is expected to name Neel Kashkari, former Goldman Sachs banker, as interim head of Treasury's new "Office of Financial Stability" to oversee the $700 billion+ program to buy "distressed" assets from financial institutions.

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  • JKap, on 10/06/2008, -0/+8What a coincidence. I'll bet he didn't even know that he worked for Goldman Sachs before this!
  • MinibossMike, on 10/06/2008, -0/+6Headline should read: Former Goldman Sachs banker names former Goldman Sachs banker to oversee "bailout"
  • irishspacemonk, on 10/06/2008, -0/+5This is why there needed to be oversight. let's start with the oversight making sure Paulson's friends from Goldman aren't running the show.
  • Striker101, on 10/06/2008, -0/+4Oversight, hell's bell's, how can one oversee irrationality? Today we're seeing the market in yet another crash. Been trying to tell folks for months, now would you Share?
    http://digg.com/world_news/Bailouts_which_ignore_c ... http://digg.com/world_news/America_is_History http://digg.com/world_news/America_is_History_m_th ...
  • digitalhair, on 10/06/2008, -0/+3Paulson is a former Goldman Sachs banker!!! c'mon!!!

  • inactive, on 10/06/2008, -0/+3Putting the fox in charge of the hen house again? And what pray-tell are the American lemmings going to do about? Nothing as usual................Please Americans prove ME WRONG.

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