Paulson to name (Kashkari -former Goldman Sachs banker) adviser to oversee U.S. bailout-WSJ

[UpInArms]

Source: Reuters

PHILADELPHIA, Oct 5 (Reuters) - U.S. Treasury Secretary Henry Paulson is expected to name Neel Kashkari to oversee the $700 billion program to buy distressed assets from financial institutions, The Wall Street Journal reported on Sunday.

Kashkari, a Treasury assistant secretary for international affairs and a former Goldman Sachs banker, is expected to be named interim head of Treasury's new Office of Financial Stability as early as Monday, the newspaper reported in its electronic edition.

Kashkari, who headed Goldman's information technology security investment banking practice in San Francisco before joining Treasury, has been advising Paulson on a variety of issues since his nomination in November 2007.

Read more: http://www.reuters.com/article/bondsNews/idUSN0534708420081006

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Gee, color me not surprised that another Goldman Sachs insider will be administering the Wall Street Investment Banking Bailout funds to make certain that the criminals get away with all the taxpayers' money.

[whistle]

1. Bring all the foxes and weasles into the hen house now Paulson

[Karenina]

13. . .

:kick:

[Newsjock]

2. Paulson to America: Up yours

I am shocked, I tell you, shocked.

[librechik]

3. Seriously, Kashkari? (CashnCarry?)

Who is writing this script? Dickens?

[Mind_your_head]

7. He's closely linked with the law firm of Howe, Dewey, Cheatham n/t

[Mind_your_head]

9. Also, in a 'sister city'....the law firm of Dewey Cheatham & Howe n/t

[Schema Thing]

4. Jesus Christ! That's the sort of name Click and Clack would come up with!

Kash and Karry

[DJ13]

5. Its like one big incestuous family with these financial types

[Frisbee]

6. And we're the ones getting screwed n/t

[Tutonic]

8. Paulson had better act quickly because on November 5th, it is all

over.

[BearSquirrel2]

10. Here comes the giveaway!!!!

Yes again ... appoint the people who MADE the mess to "clean" it.

[David Zephyr]

11. Paulson and Goldman Sachs. The Senate needs to investigate immediately. NOW.

This is bullshit.

[Warren Stupidity]

12. Goldman Sachs Bailout run by Goldman Sachs alumni.

Of course. Who else would have the expertise to correctly set the terms and prices for removing the rotten assets from these firms?

Why exactly are we doing this?

[Jacobin]

14. Fox, Meet Henhouse....Enjoy