Treasury’s point-man on the financial bailout, Neel Kashkari, was harshly and universally attacked in hearings on Capitol Hill today. Unfortunately, they got the wrong guy.
There are clearly people in the Administration to criticize, and I suppose it comes with the territory. But what Kashkari is working on, and by all accounts, working late into the night to do, is actually a remarkably competent and cohesive plan—particularly coming from this group of chronic underachievers.
In fact, the incoming Obama Administration would be well served to carry out, and expand, Kashkari’s efforts.
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