35 yr. old, Neil Kashkari (alias "The Mummy") Still Running TARP!

[KoKo]

After Kashkari, Who Runs TARP?
By Matthew Cooper - February 5, 2009, 3:35PM

Amidst all the debate over the stimulus package, Tom Daschle's limos, and when the White House puppies will arrive, it's worth keeping an eye on TARP, the Troubled Assets Relief Program that was supposed to get us out of this mess in the first place. The TARP's genesis from three-page memo to $700 billion fund is history but not so Neel Kashkari, the 35-year-old interim Assistant Secretary of the Treasury for Financial Stability that Henry Paulson appointed to run the program. Kashkari continues to run it having been asked to stay on by the Obama team until a replacement is found.

Finding a replacement for Kashkari has not been easy just as it's been difficult to round out all the assistant secretary positions at Treasury because of Geithner's delay in confirmation. (That was when a tax problem led to delay instead of self immolation.) I hear that diversity issues are holding up some of the appointments as well as trying to find people who are both versed in banking but are untainted by the current mess and, most importantly, are not coming directly from firms that are asking for TARP funds. We're still reporting on the names of some of the people who may be coming in. I'm told one Wall Street executive turned the job down several times before the administration took no for an answer. Expect a new TARP head next week when Geithner unveils more comprehensive plans for repairing the financial system.

Meanwhile, at a Senate Banking committee hearing today, the program was lambasted by a Congressional watchdog. The GAO has a report saying the program is poorly run and the public has been misled about how the Treasury priced assets. More here. Neil Barofsky, the independent TARP inspector , told the committee that he wants a criminal investigation. "That's going to be a large focus of my office," he said.

more with photo at.....

http://tpmdc.talkingpointsmemo.com/2009/02/after-kashkari-who-runs-tarp-1.php


Kashkari on FACEBOOK...and More..


Kashkari: One Of People's Sexiest Men Alive
r | Caroline Waxler
This explains why he got such a harsh grilling the other day in Congress. Nobody likes a pretty boy!

Wonder if he knew in his Ferrari-posing high school days that this would be his fate. His teachers really would have hated him even more.

But this is kind of hilarious especially considering the people who he is sharing the pages with: Todd Palin, New Kids on the Block (?), Ben Bernanke.

(Kidding, but if they're picking Kashkari anything could happen.)

WSJ: ...beyond the shirtless pictures of Hugh Jackman and an adoring photo montage of ’80s boy band New Kids on the Block, there is Neel Kashkari, Treasury’s $700 billion man. Washington is, as a rule, low on glamor, and for People’s audience on Main Street, Kashkari’s picture may provide a welcome, frivolous respite from the dismal credit crisis.

Kashkari is featured in a photo spread titled “Sexy A-Z,” under–of course–”B is for Bailout Guru.” He keeps eclectic company in the feature, sharing pages with celebrity chef Gordon Ramsey and Alaska’s First Dude, Todd Palin, as well as tennis player Rafael Nadal. Kashkari is shown fully clothed–a rarity for this skin-revealing issue–in a stern closeup giving the eagle-eyed glare so familiar to Congress.

What do you think of Kashkari's honor. Deserved or not?
http://businesssheet.alleyinsider.com/2008/11/kashkari-one-of-people-s-sexiest-men-alive

[KoKo]

1. Photo and Face Book stuff....just added. Quite the Ladies Man.

[Aviation Pro]

2. What the fuck is Imhotep doing running TARP?

And where the fuck is his concubine Anck Su Namun?

[Starbucks Anarchist]

3. ...

:rofl:

[KoKo]

4. ....

[KoKo]

5. I still believe in this post....exposing the rot wherever it goes...n/t

[Enrique]

6. Elijah Cummings called him a chump when he testified in Congress

http://www.youtube.com/watch?v=cqDS5B69s9w

[David Zephyr]

7. Interesting read.

Thanks for posting this.

[Octafish]

8. Mummy must've helped move a pyramid full of cash to Switzerland, by now.

What a swell.

Thanks for the heads-up, KoKo. Sorry I didn't see this sooner. It's beyond K&R.