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Reply To: Dow Jones down 800?

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Anonymous
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This is the guy that Hank Paulson put in charge of getting us headed out of the economic crisis.

Read here.

Meet The New Boss: Office of Financial Stability Head Is A Rocket Scientist!
John Carney | Oct 6, 08 2:58 PM

Remember the days when people described a smart person as a “rocket scientist” and downplayed the intellectual difficulties of a task by saying “it’s not rocket science”?

It seems that Hank Paulson does. The guy he appointed to run the newly created Office of Financial Stability—which will administer the huge bailout fund signed into law last week—is a former rocket scientist. Neel Kashkari, who is only 35 years old, got his start as an aerospace engineer at TRW, where he worked on little things like James Webb Space Telescope for NASA.

After getting an MBA from Wharton, he landed at Goldman Sachs in San Francisco. And then, of course, at the Treasury Department, where he has been one of the main architects of the bailout plan. According to DealJournal, he was one of three guys at Treasury who stayed up until 4 a.m. the day after the House flunked the bailout bill last week.