Tuesday, October 7, 2008

The Chosen One

Voltron says: The Treasury Secretary has chosen, as the savior of western capitalism, fellow Goldman Sachs alumnus and aptly named wunderkind Neel Kashkari.  He’s thirty-five years old with FOUR YEARS of experience on wall street, doing investment banking for technology companies after the internet bubble had already burst.  His job had ABSOLUTELY NOTHING to do with mortgages, real estate, trading, pricing, securities, bonds, swaps, credit or derivatives.  I hope he’s a quick learner.  Maybe nobody more qualified wanted the job . . .  Neel, If you look around the room and you can’t figure out who the patsy is . . . IT’S YOU.

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