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How a former Goldman banker became homeless
Neel Kashkari is not a household name for most Americans, probably not for most Californians either. But in his mercurial career, he has probably had more influence on our lives than we’re aware. Between 2006 and 2009, Kashkari was an aide and assistant U.S. Treasury secretary under Henry Paulson, his former boss at Goldman Sachs Group Inc. GS +0.08% Kashkari was chiefly responsible for running the Troubled Asset Relief Program. That’s better known as TARP, the $700 billion bank bailout program. Even if you don’t know what TARP is, you know about the popularity of bank bailouts. So, you may find it surprising ... (full story)
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