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October 6, 2008

Ex-Goldman Sachs Exec to Steer Bailout
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Meanwhile, the Treasury Department has reportedly made its selection on
who will oversee the bailout’s implementation. According to the
Washington Post, the Treasurer has tapped Neel Kashkari, an assistant
secretary of international affairs and a former executive of the
investment firm Goldman Sachs. Kashkari has been a close adviser to
Treasury Secretary Henry Paulson, who is also a former Goldman Sachs
executive, serving as its chairman and CEO. Kashkari led Goldman Sachs’
security investment division during his stint there.



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