It appears that the last member of the association of bald white incompetents, Neel “Cash & Carry” Kashkari is warning against excessive “micromanagement” of banks by the government.
Kashkari, the Assistant Treasury Secretary for Financial Stabilization, and a hold over from Hank Paulson, because no one wants to be tarred with the brush of Timothy “Eddie Haskell” Geithner, has decided that it would be a bad thing for US officials to 2nd guess senior bank executives.
Because, you know, they’ve already done such a bang up job in managing their banks…..not!