The Washington Post’s David Cho reports that Treasury Sec. Henry Paulson named Neel Kashkari, a current bureaucrat and former Goldman Sachs official to monitor the Treasury Dept’s $700 billion bailout plan. Kashkari is an interim appt. and his replacement will take the plan into the next administration.

The bailout package, which was signed into law Friday, calls for contracting out several accountants and asset managers who would determine how to spend billions of taxpayer dollars on lousy mortgage-related assets. As a former Goldman Sachs CEO, it at least is eyebrow raising that Paulson would name Kashkari for this interim position. But a more tangible conflict of interest could take root in the next couple of weeks when asset managers from companies looking to sell their assets get govt. jobs.-MB

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