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title=Paulson to name Kashkari to oversee bailout: WSJ | title=Paulson to name Kashkari to oversee bailout: WSJ |

Revision as of 14:55, 7 October 2008

Neel Kashkari
EducationBachelor's degree, Engineering, University of Illinois at Urbana-Champaign
Master's degrees, Engineering, University of Illinois at Urbana-Champaign
MBA, Wharton School, University of Pennsylvania
Known forServed as Interim U.S. Assistant Secretary of the Treasury for Financial Stability

Neel Kashkari is the Interim Assistant Secretary of the Treasury for Financial Stability.

He previously served as Assistant Secretary for International Economics and Development at the Treasury and in that role also acted as senior advisor to U.S. Treasury Secretary Henry M. Paulson, Jr.

Prior to joining the Treasury Department, Mr. Kashkari was a Vice President at Goldman, Sachs & Co., where he headed Goldman's information technology security investment banking practice in San Francisco. Kashkari has a Bachelor's and Master's degree in engineering from the University of Illinois at Urbana-Champaign and an MBA (2002) from the Wharton School at the University of Pennsylvania. Before joining Wharton for his MBA, Mr. Kashkari worked for the aerospace firm TRW, where, amongst other projects, he worked on the James Webb Space Telescope.

Kashkari, who is 35 as of 2008, is an Indian-American, from Stow, Ohio, where he attended Stow–Munroe Falls schools before transferring to the Western Reserve Academy in Hudson, Ohio, from where he graduated in 1991. His parents, Chaman and Sheila Kashkari, are from Kashmir, India.

Paulson named Kashkari to oversee the U.S. government's $700 billion financial stabilization program on October 6, 2008, as the interim head of the new Office of Financial Stability. This is an interim appointment; the permanent head of the Office of Financial Stability will require Senate confirmation, which is unlikely before the November elections.

See also


References

  1. Rucker, Patrick (October 6, 2008). "Treasury names rescue program chief". Reuters.
  2. "Biography of Neel Kashkari". U.S. Treasury. October 6, 2008.
  3. Henry Paulson names former Goldman Sachs banker Neel Kashkari to head Wall St. bailout Daily News
  4. ^ "Paulson to name Kashkari to oversee bailout: WSJ". Press Trust of India. October 06, 2008. {{cite news}}: Check date values in: |date= (help)
  5. McEwen, Colin (November 27, 2007). "Stow man nominated for U.S. Treasury position". Hudson Hub Times.
  6. Agha, Miles (October 6, 2008). "Paulson to Tap Adviser to Run Rescue Program". New York: Wall Street Journal.

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