-->

• The Office of Financial Stability was created by the United States Treasury Department under the Emergency Economic Stabilization Act of 2008. Treasury Secretary Henry Paulson named Neel Kashkari to oversee the $700 billion financial rescue plan until a permanent head is chosen.Washington Post: Paulson Adviser To Oversee Rescue (October 6, 2008)

• Fast Facts

  1. Office of Financial Stability created under the Emergency Economic Stabilization Act of 2008
  2. Neel Kashkari named as interim headWashington Post: Paulson Adviser To Oversee Rescue (October 6, 2008)
  3. Treasury hiring process for five to ten asset managers to begin Monday, October 6, 2008Washington Post: Paulson Adviser To Oversee Rescue (October 6, 2008)
  4. Asset managers will buy troubled assets from financial institutionsWashington Post: Paulson Adviser To Oversee Rescue (October 6, 2008)
  5. Many of the troubled assets will have large holding in mortgage-related securitiesWashington Post: Paulson Adviser To Oversee Rescue (October 6, 2008)
  6. Industry sources said hiring asset managers with expertise in mortgage-related securities could raise potential for conflicts of interestWashington Post: Paulson Adviser To Oversee Rescue (October 6, 2008)
  7. {{Item: 2008 Financial Crisis}}

• Related Pages on Mahalo

  Neel Kashkari | Mortgage Bailout Plan | Bailout Bill Text | Bailout Bill Rejected | Bailout Bill Pork | President Bush Bailout Speech | Senate Bailout Vote | Henry Paulson | Tom Bloom | Neel Kashkari Chump | TARP | How to Decide When to Sell Stocks | Neil Barofsky

Categories

• View History
• Discuss on the Message Board
• Embed this Page
• Share this page