Saturday, May 2, 2009

Kashkari Headed to His Cabin

Former Goldman Sachs man Neel Kashkari, who was brought over to the Treasury by Henry Paulson as "interim" head of the Office of Financial Stability, is leaving the Treasury. Most likely, revolving back into the oligarch sector.

As "interim" head, he did not have to disclose his assets or divest any assets that might have been in conflict with his regulatory duties.

As for his new plans, he's apparently not saying. His hometown newspaper, the Cleveland Plain Dealer reports:
For now, they involve merely spending time with his wife in their cabin near Lake Tahoe.
Kashkari is most well known, during his "interim" role, for getting caught on tape discussing Treasury plans which completely contradicted Treasury Secretary Paulson's public statements and statements to Congress.

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