Neel Kashkari on managing the TARP

[The government is investing in] very high quality institutions of all sizes.

We're not day traders, and we're not looking for a return tomorrow. Over time, we believe the taxpayers will be protected and have a return on their investment.

~ Neel Kashkari, the director of Treasury's Office of Financial Stability, which oversees the $700 billion financial rescue fund, "U.S. taxpayers will see a return from bailout," AP, December 5, 2008

(The Treasury Department has received preferred stock and warrants to buy additional shares in return for the $150 billion it has invested so far in 52 banks, including Bank of America Corp, Citigroup Inc and JPMorgan Chase & Co Inc. But an Associated Press analysis yesterday showed that the warrants to purchase about 1.2 billion additional shares in those banks have so far lost about one-third of their value.)