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Monday, July 23, 2012

TARP's Neil Barofsky, Who Estimated the Bankster Bailout Could Reach 24 Trillion, is Out With a Tell All Book




In July, 2009, Neol Barofsky, TARP's Inspector General, said “The total potential federal government support could reach up to $23.7 trillion” according to the New York Times, here.

Barofsky also said “Our goal is to bring transparency, to put things in context.”. Barofsky was the chief administrator of the bankster bailout program. Fast forward 3 years and Barofksy has left government and is out with a book, Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street, that is highly critical of the bailout. Barofsky's book apparently unloads on a lot of troubling issues, including the total lack of transparency throughout the entire bailout fiasco.
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Judy Morris,
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