Neel Kashkari is armed with a $700 billion dollar line of credit. His mission: to start buying bad debt. US Treasury official Neel Kashkari, 35, has been named to spearhead the Wall Street rescue plan. Kashkari who has been working over the last year on mortgage and foreclosure issues, including contingency planning, if banks are crippled by bad mortgages.
35-year-old Neel Kashkari will head the key Office of Financial Stability.
http://www.ibnlive.com/news/indian-american-to-oversee-700bn-us-bailout-plan/75211-7.html
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