Monday, October 6: Kashkari’s appointment announced. Tarp to the rescue?

Neel Kashkari, the Treasury's assistant secretary of international affairs is named the man in charge of Tarp. Kashkari's assessment of what was taking place was not pretty. "Investors are stuffing money under the mattress." It’s an almost quaint image – one that is associated with a bygone age when people did not trust banks. Those times are back.