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Neel Kashkari, Bailout Czar, Not A Fan Of Public Questions [View All]

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 01:48 PM
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Neel Kashkari, Bailout Czar, Not A Fan Of Public Questions
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Neel Kashkari, Bailout Czar, Not A Fan Of Public Questions

http://www.huffingtonpost.com/2008/11/11/neel-kashkari-bailout-cza_n_142916.html



When it came time for questions, the former Goldman Sachs executive told the eager audience that he had time for just "two or three."

In response to the first question, about the government's latest lifeline for beleaguered insurance company American International Group, Kashkari gave a clipped response before quickly moving on.

"This morning's action at AIG was a one-off event" that was necessary for the financial stability of the markets, he said. "He didn't say anything that I couldn't have learned from going to the Web site," griped one mortgage entrepreneur. Treasury spokeswoman Jennifer Zuccarelli said it's not unusual for public officials to answer a few questions before moving on. Kashkari's impatient tone comes amid a growing desire for openness about how government agencies, including the Treasury, are handling billions of taxpayer dollars being used to prop up Wall Street.

Read the full story here: http://www.nypost.com/seven/11112008/business/answers__please__138094.htm
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