Last weekend the Washington Post attempted to reform Neel Kashkari's image. Kashkari, a former Goldman Sachs banker, was Henry Paulson's right-hand man during the bailouts. Kashkari helped redistribute hundreds-of-billions of dollars from those who needed it most, to those who needed it least.
When Goldman Sachs pays record bonuses this Holiday Season (while the jobless have no presents under the tree), they'll thank Kashkari.
Laura Blumenfeld wrote a story for the Washington Post that made it seems like Kashkari had, ala Henry David Thoreau, retreated to nature to recover his spirituality. Walden: The Sequel.
Reading the article made me think: "You can't buy press like this." Well, as it turns out, you can.
It's now being reported that Kashkari is moving to investment powerhouse PIMCO. What a coincidence. Obviously the Kashkari redemption tale was released to correspond with his new job. Someone from within PIMCO, Kashkari's publicist, or both, we able to time the Walden tale with Kashkari's new job.
Thanks, Laura Blumenfeld, for so obviously being a spokesperson for Wall Street that no reasonable person will ever consider you a woman of integrity.
