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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Neel Kashkari

Neel Kashkari stories: 4 news summaries

TARP Manager: Let's Not Micromanage

Banks can't make bad loans for lending's sake, says Kashkari

Mar 11, 09 3:15 PM CDT
(Newser) - Neel Kashkari, the man who manages the Troubled Asset Relief Program, doesn’t think the government ought to try to make decisions for the banks it helps, he told lawmakers today. “However well-intended, government officials are not positioned to make better commercial decisions than lenders,” he insisted. He... More »

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Congress • testimony • Treasury Department • House Committee on Oversight and Government Reform • Troubled Asset Relief Program • Neel Kashkari • Timothy Geithner • TARP • toxic assets

Report Rips TARP Strategy (or Lack Thereof)

Failure to track funds or evaluate effectiveness troubles panel

Jan 9, 09 9:25 AM CST
(Newser) - So much for transparency. A blistering draft report being issued by a congressional oversight panel today says Treasury has failed to reveal its strategy for stabilizing the financial system and failed to answer questions asked by the watchdog group, the Wall Street Journal reports. But worse still, it’s done... More »

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Congressional oversight • Henry Paulson • bailout • financial crisis • Neel Kashkari • recapitalization • TARP

Bailout Czar Kashkari Joins World's Big Money Elite

After brisk rise through Treasury, 35-year-old has purse to rival largest sovereign funds

Oct 7, 08 1:01 PM CDT
(Newser) - A behind-the-scenes player at the Treasury Department just weeks ago, 35-year-old Neel Kashkari’s financial heft as the agency’s bailout czar puts him on par with the heads of sovereign wealth funds, Politico reports. The self-described “free-market Republican” enjoyed a meteoric rise through the department, where he was... More »

MORE ABOUT:
Henry Paulson • Treasury Department • credit crisis • mortgage backed securities • Abu Dhabi Investment Authority • sovereign wealth funds • bailout • Neel Kashkari

Paulson Picks Goldman Alum to Oversee Bailout Fund

35-year-old to keep
seat warm until Jan.

Oct 6, 08 9:59 AM CDT
(Newser) - Treasury Secretary Henry Paulson will name former Goldman Sachs banker Neel Kashkari to oversee the $700 billion bailout fund approved last week, reports the Wall Street Journal. The appointment is an interim one for Kashkari, 35, currently an assistant Treasury secretary; a new administration would almost certainly appoint its own... More »

MORE ABOUT:
Goldman Sachs • Henry Paulson • Treasury Department • subprime crisis • bailout • financial crisis • Neel Kashkari

4 Stories


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