Indian Origin Entrusted With The Responsibility of “Bailing Out” The US Economy

It is nothing new to find Indian origins holding key positions in foreign governments. And one of the latest additions to that long list of our countrymen calling the shots abroad is that of Neel Kashkari.

So who is Neel Kashkari? Well, he is the Assistant Secretary of the Treasury (International Affairs), US Government, a position more or less (if not fully) equivalent to that of a junior Finance minister in India. This former Goldman Sachs VP has been selected by the Bush administration as the Interim Assistant Secretary of the Treasury for Financial Stability. In this capacity, Mr. Kashkari will oversee the Office of Financial Stability including the Troubled Asset Relief Program.

Apart from holding his new responsibilities, Neel also continues to hold the position of Assistant Secretary of the Treasury for International Economics and Development. However, his International Affairs responsibilities have been delegated – for the time being – to Assistant Secretary for International Affairs Clay Lowery.




Source: http://www.treas.gov/organization/bios/kashkari-e.html


http://blogs.wsj.com/deals/2008/10/06/meet-neel-kashkari-the-man-with-the-700-billion-wallet/

http://blogs.wsj.com/deals/2008/10/10/neel-kashkari-a-portrait-of-the-700-billion-man-as-a-young-banker/

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