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Ex-Goldman Sachs Exec to Steer Bailout

HeadlineOct 06, 2008

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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