US Treasury Secretary Henry Paulson on Monday named Neel Kashkari, a 35-year old Indian-American whiz whose parents migrated from Jammu and Kashmir, who is currently the Assistant Secretary for International Affairs in the Department of Treasury, as the interim head for its new Office of Financial Stability, including the Troubled Asset Relief Program, to oversee the $700 billion bailout program
A wiseacre on Market Ticker forum wrote
"Seriously? The guy overseeing the $700 billion is named 'CashCarry'? You really can't make this stuff up..."
Saturday, October 11, 2008
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