Interview: Neil Barofsky, TARP Inspector
(Video) Economy Could Now Be In A "Far More Dangerous Place" Full Story »
Posted by Kaizar Campwala - via Memeorandum, Tom Friedman, Patrick Ruffini(Video) Economy Could Now Be In A "Far More Dangerous Place" Full Story »
Posted by Kaizar Campwala - via Memeorandum, Tom Friedman, Patrick RuffiniI've been saying the government actions worsened the "too big to fail" problems all year. So that's hardly an original observation. And, other than the observation that banks DID have the capability to track TARP funds--not a huge surprise--there's little else new either. Scary headline, but not much detail to back it up.
This is a useful, but not hard-hitting interview. The interviewer does not challenge any of Barofsky's claims.