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Kashkari to the rescue: Ex-Goldman Sachs executive, rocket scientist to lead program

Published on Monday, October 06, 2008
By LA Daily News Staff Writer

WASHINGTON - Turns out rescuing the economy will take a rocket scientist.

That's what the man picked Monday to engineer the largest financial bailout in U.S. history did before shifting to the world of finance.

Neel Kashkari, who worked closely with Treasury Secretary Henry Paulson at Goldman Sachs, followed him to the Treasury in July 2006 and has served as one of his key advisers - handling a number of tough assignments.

Kashkari, an Indian-American who was born in Ohio, is one more example of how Paulson has drawn on former executives at Goldman to staff Treasury. Paulson also leans heavily on former Goldman Sachs executives Dan Jester, a financial institutions banker, and Steve Shafran, who focused on corporate restructuring while at Goldman   Read Full Article...

 
 

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