Kashkari Video and Transcript on Covered Bonds

Given all the dramatic financial events since then, it’s easy to forget that Henry Paulson originally brought Neel Kashkari to Treasury for the purpose of (among other things) helping to kick-start development of a U.S. covered bond market (in aid of funding home mortgages).

In a short video clip (under three minutes long), Kashkari explains what a covered bond is and the basis for its appeal.  To view the clip (“Neel Kashkari Explains Covered Bond Mortgage Finance”), click here.

Important: The clip is actually just part of a much longer presentation that Kashkari gave at a conference held by the American Enterprise Institute, which also featured several other insightful speakers.  It's well worth a look  For more information—including how to access the full videos, a virtually complete transcript, and accompanying materials—click here.