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Tuesday, January 19, 2010

And We Didn't Question His Judgment Before We Hired Him?

Posted By on Tue, Jan 19, 2010 at 2:28 PM

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This story from the Washington Post is from back in early December, but it's worth passing on just to show how smart Browns fans can be sometimes. And to see what could have been done with $700 billion.

Neil Kashkari is a Northeast Ohio-bred wonderkid who was put in charge of TARP. For our purposes here, it's also important to know that he has two dogs, one named Winslow and one named Newsome. The story details how Kashkari went away to the wilderness to be with his dogs, build shit with his hands, and get as far away as possible from D.C. after he stepped down. The story within the story?

Suddenly, he was in charge of $700 billion.

Congress savaged him. Wall Street Journal editorials doubted him. His home-town buddies urged him to use the money to buy the Cleveland Browns and fire the coaches. His wife spoke to him so rarely, she described them as "dead to each other." He lost sleep, gained weight and saw a close adviser, Don Hammond, suffer a heart attack at his Treasury desk. On May 1, after serving seven months under Presidents Bush and Obama, he resigned.

Wonder if things would have gone better if he'd just named his second dog Newsome II instead of Winslow.

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