Monday, October 13, 2008

Isn't he a little young?

Does anyone find the appointment of 35 year-old Neel Kashkari as the person in charge of administering a $700B financial bail out plan a bit odd? I don't claim to know much about Mr. Kashkari and his credentials (apparently he's worked on Wall Street since 2001 and is a pretty smart guy). But this is someone whose only knowledge of finance is during the boom years, and, well, seven years of experience doesn't seem like a long time.

I can't help but be reminded of the US's initial reconstruction efforts in Iraq, well documented by the WaPost at the time, in which twenty-somethings with nice resumes at the Heritage Foundation were sent run the ministries of the occupied nation. We found out then that slim resumes with ideological purity and personal connections to their political elders didn't translate to tactical managerial success. Are we risking the same now?

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