Tuesday, November 10, 2015
Bankster Bailout Bigwig to Head Minneapolis Federal Reserve Bank
Neel "The Owl" Kashkari, who as a top U.S. Treasury official helped manage part of the bailout of the banksters during the financial crisis, will run the Minneapolis Federal Reserve Bank starting next year, reports Reuters.
As interim Assistant Secretary of the Treasury for Financial Stability from October 2008 to May 2009, he oversaw the Troubled Asset Relief Program (TARP) that bought junk securities from the top bankster firms and way over market values.
Kashkari, who also ran a failed bid for California governor in 2014, will take over from the current chief, Narayana Kocherlakota, who leaves his post on Dec. 31.
Kashkari, 42, was previously an executive at Goldman Sachs and at bond fund PIMCO.
at 12:10:00 PM