Thursday, February 13, 2014

Bankster Bailout Operative Running for Governor in California

Former U.S. Treasury official Neel Kashkari, who stick handled the bankster bailouts during the financial crisis, has announced he is running for governor of California.

"Here today, on this stage, I am announcing that I'm running for governor of California," Kashkari told a few hundred people at a luncheon at Cal State Sacramento, late in January. “That's my platform, jobs and education. That's it. That's why I'm running for governor of California.

Followig his management of the bailout, he stepped through the crony revolving door and currently works at Pimco.

LaTi reports:
Kashkari is a multimillionaire but has said he does not have the wealth to self-fund a race. He announced a fundraising committee Tuesday that contained a handful of big-name GOP donors.

Among the members of the committee are Emil Henry of New York City, who was a fundraising bundler 2012 Republican presidential nominee Mitt Romney; Robert Day, the founder of TCW, a Los Angeles investment firm; Richard Roeder, the managing member of Vance Street Capital, a private equity firm; and Harry McMahon, vice chairman of Merrill Lynch.

Kashkari also named new members of his campaign team, which includes political consultants who advised Romney, former Gov. Arnold Schwarzenegger, 2008 Republican presidential nominee John McCain, 2010 California gubernatorial nominee Meg Whitman and 2010 California Senate candidate Carly Fiorina.


  1. Cash-carry is seriously damaged goods. The bailout was massively unpopular here. Jerry Brown will hand him his hat and make him eat it too.

  2. If it wasn't clear enough already, a glance at his committee and campaign team tells everything we need to know about who he's shorting in this trade.

  3. Jerry Brown has this election in the bag. And not just any bag; it's a cloth, resuable bag, the type of bag that all Californians will have to shop with eventually if the environmentalists get their way.

  4. Jobs and education. Are there any two things government should be less involved in?