The bailout plan has finally been cleared. The US Federal Government will pump in $ 700 billion to ease the credit strung economy. From amongst the many available to lead the recovery plan, the choice of Secretary of the Treasury, Henry Paulson came as a surpise to many. It was one of his old Goldman Sachs executives- a former Vice President called Neel T. Kashkari, 35, who completed his MBA from Wharton 6 years ago. Kashkari is now Asst. Secretary in the Treasury Department. For many, like me, who don’t know much about the man and his background, this article in the New York Times gives perspective on his life and career.
Kashkari is of Indian origin and studied at the University of Illinoiis at Urbana Campaign. His parents like many thousands before them came from India to seek more professional success as engineers and doctors.
Kashkari joined Goldman Sachs after his MBA from Wharton and worked for now Secretary of Treasury, Henry Paulson, a former CEO of Goldman Sachs. Time has this quick bio on Kashkari calling him the $ 700 Billion Man.
This is a tough assignment but Kashkari, I beleive, looks well qualified to meet the many challenges. All eyes will be on him as the bailout plan unfolds over the next few months.
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This is Post No: 311 of the “A Step A Day” series : To provide perspective and provoke thought to facilitate self-development across a wide spectrum of issues- big and small- crucial for executive success.
People at Work & Play 