Talk:Neel Kashkari: Difference between revisions
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Why is a mechanical engineer with no formal training in economics directing the largest Bailout in history. Shouldn't someone with a PHD in economics like say [[Ben Bernanke]], be in charge? <span style="font-size: smaller;" class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/98.213.141.241|98.213.141.241]] ([[User talk:98.213.141.241|talk]]) 06:58, 13 October 2008 (UTC)</span><!-- Template:UnsignedIP --> <!--Autosigned by SineBot--> |
Why is a mechanical engineer with no formal training in economics directing the largest Bailout in history. Shouldn't someone with a PHD in economics like say [[Ben Bernanke]], be in charge? <span style="font-size: smaller;" class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/98.213.141.241|98.213.141.241]] ([[User talk:98.213.141.241|talk]]) 06:58, 13 October 2008 (UTC)</span><!-- Template:UnsignedIP --> <!--Autosigned by SineBot--> |
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*Despite no formal economics training, he became a Vice President of Goldman Sachs. He is qualified enough.--[[User:Pushsense|Pushsense]] ([[User talk:Pushsense|talk]]) 14:21, 13 October 2008 (UTC) |
*Despite no formal economics training, he became a Vice President of Goldman Sachs. He is qualified enough.--[[User:Pushsense|Pushsense]] ([[User talk:Pushsense|talk]]) 14:21, 13 October 2008 (UTC) |
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Actually, scientist are hired frequently by consulting groups like goldman sachs as consultants because they are not afraid of numbers. They tried to hire me too and succeeded with some people I knew. They were not the sharpest pencils in the box but very business-minded (i.e. money-obsessed). From his work history it is clear that he has a good understanding of computers and networks - which is what he did for sachs. Frequently scientist are then getting a pro-forma MBA (very short one) in order to look good on paper. That does not make for any experience etc, so the question is not why he is directing but why he is ideal: He has no experience and needs to rely on people telling him what is OK. Since he comes from Wall Street (the failed system) he will listen to Wall Street. Consequently, there needs to be a lot of oversight to monitor his every actions. I suggest even recording his phone (including mobile) and recording his internet access and email. Being German we had the same problem: The communist part of Germany failed (this is the equivalent of Wall Street) and politicians kept the people in power to rule this part of Germany. Bad mistake. Billions vanished. I predict we will see the same if we are not careful. |
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The bit about his work at TRW is just gobbledegook, and pretty irrelevant too, even if it could be understood. Can we have some plain English please? SLIGHT(( <span style="font-size: smaller;" class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/82.16.133.125|82.16.133.125]] ([[User talk:82.16.133.125|talk]]) 11:24, 13 October 2008 (UTC)</span><!-- Template:UnsignedIP --> <!--Autosigned by SineBot--> |
The bit about his work at TRW is just gobbledegook, and pretty irrelevant too, even if it could be understood. Can we have some plain English please? SLIGHT(( <span style="font-size: smaller;" class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/82.16.133.125|82.16.133.125]] ([[User talk:82.16.133.125|talk]]) 11:24, 13 October 2008 (UTC)</span><!-- Template:UnsignedIP --> <!--Autosigned by SineBot--> |
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*That's what [[Simple English Wikipedia]] is for. You're welcome to create an equivalent article over there.--[[User:Pushsense|Pushsense]] ([[User talk:Pushsense|talk]]) 14:21, 13 October 2008 (UTC) |
*That's what [[Simple English Wikipedia]] is for. You're welcome to create an equivalent article over there.--[[User:Pushsense|Pushsense]] ([[User talk:Pushsense|talk]]) 14:21, 13 October 2008 (UTC) |
Revision as of 02:56, 14 October 2008
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![]() | A fact from Neel Kashkari appeared on Wikipedia's Main Page in the Did you know column on 13 October 2008 (check views). A record of the entry may be seen at Wikipedia:Recent additions/2008/October. | ![]() |
The new "bailout czar"
Article needs work. What can we find out about this guy? --John Nagle (talk) 04:59, 6 October 2008 (UTC)
- It's going to be hard. A Goldman insider who got his MBA in 2002 - what's going to be out there? More will come out in the next day or two so best to follow the news. --Regents Park (sniff out my socks) 13:55, 6 October 2008 (UTC)
- He used to work for NASA.[1] Gee, I guess this is rocket science! -- Kendrick7talk 21:15, 6 October 2008 (UTC)
Interim head doesn't require Senate confirmation
There's a gimmick in the bill which allows the Treasury secretary to appoint an interim head for a few months without Senate confirmation. That's Kashkari. Actual bill text: The Secretary shall implement any program under paragraph (1) through an Office of Financial Stability, established for such purpose within the Office of Domestic Finance of the Department of the Treasury, which office shall be headed by an Assistant Secretary of the Treasury, appointed by the President, by and with the advice and consent of the Senate, except that an interim Assistant Secretary may be appointed by the Secretary.[2] Some press reports have this wrong, so watch for corrected press reports. --John Nagle (talk) 16:51, 6 October 2008 (UTC)
- Interim department chairs can always be appointed without confirmation. It's the same as with John Bolton, and indeed many others. Superm401 - Talk 01:11, 10 October 2008 (UTC)
Neel's work at TRW
Neel worked in the Mechanical Design Department at TRW (now Northrop Grumman Space Technology). He left after June 2000. His last technical assignment was to develop precision latching technology for the Space Interferometer Mission (SIM) and the Next Generation Space Telescope (now JWST). Neel designed the latches and test setup, integrated the laser distance measuring interferometers, and demonstrated that the latches could retain their precision to the nano-meter level with appropriate pre-load. This result is now being employed in the JWST wing latches, which must ensure that this contributor to primary mirror wavefront remain stable within a few nano-meters of its allocated error budget. —Preceding unsigned comment added by 68.5.71.139 (talk) 03:22, 8 October 2008 (UTC)
- Somebody either find a solid cite for this or take it out. The article is being considered for the main page, and this needs to be resolved quickly. --John Nagle (talk) 05:48, 10 October 2008 (UTC)
- OK, cited to named Associated Press author via International Herald Tribune, to an article that names the people at TRW who were questioned about this. --John Nagle (talk) 05:54, 10 October 2008 (UTC)
Mechanical Engineer directing largest financial bailout in history?
Why is a mechanical engineer with no formal training in economics directing the largest Bailout in history. Shouldn't someone with a PHD in economics like say Ben Bernanke, be in charge? —Preceding unsigned comment added by 98.213.141.241 (talk) 06:58, 13 October 2008 (UTC)
- Despite no formal economics training, he became a Vice President of Goldman Sachs. He is qualified enough.--Pushsense (talk) 14:21, 13 October 2008 (UTC)
Actually, scientist are hired frequently by consulting groups like goldman sachs as consultants because they are not afraid of numbers. They tried to hire me too and succeeded with some people I knew. They were not the sharpest pencils in the box but very business-minded (i.e. money-obsessed). From his work history it is clear that he has a good understanding of computers and networks - which is what he did for sachs. Frequently scientist are then getting a pro-forma MBA (very short one) in order to look good on paper. That does not make for any experience etc, so the question is not why he is directing but why he is ideal: He has no experience and needs to rely on people telling him what is OK. Since he comes from Wall Street (the failed system) he will listen to Wall Street. Consequently, there needs to be a lot of oversight to monitor his every actions. I suggest even recording his phone (including mobile) and recording his internet access and email. Being German we had the same problem: The communist part of Germany failed (this is the equivalent of Wall Street) and politicians kept the people in power to rule this part of Germany. Bad mistake. Billions vanished. I predict we will see the same if we are not careful.
The bit about his work at TRW is just gobbledegook, and pretty irrelevant too, even if it could be understood. Can we have some plain English please? SLIGHT(( —Preceding unsigned comment added by 82.16.133.125 (talk) 11:24, 13 October 2008 (UTC)
- That's what Simple English Wikipedia is for. You're welcome to create an equivalent article over there.--Pushsense (talk) 14:21, 13 October 2008 (UTC)
Is there a link that clearly states what field his engineering degree is in? kevinp2 (talk) 19:45, 13 October 2008 (UTC)