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Neel Kashkari, assistant treasury secretary in charge of the bailout program, said in remarks Tuesday that the department will compare the level of lending by banks that have received government money with lending levels by similar banks that haven't...
Tags: obama, Treasury Department, bailout program, Barack Obama, Neel Kashkari
The head of the government's $700 billion financial rescue program says the effort has made the nation's financial system more stable. Neel Kashkari, the assistant treasury secretary in charge of the bailout program, says the effort had made remarkable...
Tags: Neel Kashkari, rescue program, bailout program, remarkable progress, treasury secretary, assistant treasury, billion financial, Congress, financial rescue
The percentage of U.S. mortgage holders who were behind in their payments soared to a record 6.99% of loans outstanding in the third quarter, the Mortgage Bankers Association said Friday, and the number of mortgages somewhere in the foreclosure process...
Tags: U.S, Mortgage Bankers Association, Treasury Department, market pressure, Dick Durbin, housing market, pressure shifted, Neel Kashkari
House panel kept up the congressional criticism of the Treasury Department's handling of the $700 billion financial bailout Friday. Rep. Dennis Kucinich , D-Ohio, chairman of the House Oversight and Government Reform's domestic policy subcommittee, said...
Tags: Treasury Department, Genworth May Win Treasury, Neel Kashkari, Mr. Kashkari, Lincoln National Corp., Hartford Seeks, Hartford Financial Services Group, treasury secretary, Genworth Financial Inc., House
Neel Kashkari, the Assistant Treasury Secretary respectfully known as Treasury Secretary Hank Paulson's Mini Me, took a mean grilling today at a House Domestic Policy subcommittee hearing, during which--according to this deftly edited YouTube video --Baltimore's...
Tags: Neel Kashkari
Treasury doesn't want to "micromanage" banks that get capital infusions under the bailout, Assistant Treasury Secretary Neel Kashkari said at the Wharton Finance Conference in New York. "Prudent mergers and acquisitions can be good for our financial system...
Tags: Neel Kashkari, Treasury Department, Assistant Treasury
In a way, Neel Kashkari's job has always been to keep it together. Today he's known as the 35-year-old whiz kid appointed czar of the Treasury Department's $700 billion financial bailout. But in a past life, he was a young engineer working on the James...
Tags: Neel Kashkari
They opted for a plan that seeks to guarantee loans between banks, called inter-bank lending, for a period of up to five years. They also gave each member country in the European Union the right to take equity stakes in banks. Q: How does that differ...
Tags: Neel Kashkari
Either our nation's elite reporters are all snoozing, or our nation's young new bailout chief Neel Kashkari is a pretty boring guy (likely). But the WSJ today, after an exhaustive investigation, did manage to dig up this nugget: "'Everyone at Goldman...
Tags: Neel Kashkari
Every coder in the Valley was thinking that somewhere, somehow, we'd get called upon to fix the market meltdown. And sure enough, one of our own has been called to the job: Neel Kashkari, a 35-year-old finance whiz kid, has been tapped to spend the Treasury's...
Tags: wall street, stock market, 700 billion, financial, finance, job, stock, Neel Kashkari