December 14, 2009
The 700 billion dollar man, so called because he was plucked out of obscurity by Secretary Hank Paulsen to be Chief of the Federal Bail Out Plan. Neel Kashkari soon discovered it was an unenviable position.
As a young man, he was fascinated by Washington DC politics and wanted in the middle of the fray. He found out what a difficult job that was. Publicly pummeled, savaged, and doubted by the press, castigated by enemies he didn’t know existed. He resigned ten months into the job after forging a bailout, something that had never been done before.
Now he lives a real life.
He exiled himself to the Sierras, built a cabin in the woods, chopped wood, and reconnected with family. He calls it “Washington Detox.”