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  • The Special Inspector General for Tarp Issues a Wakeup Call … Lambasts the Government and the Banks

    07/23/2012 10:06:55 PM PDT · by Kartographer · 5 replies
    ZeroHedge ^ | 7/23/12 | George Washington
    The government’s special inspector general in charge of oversight of the Troubled Asset Relief Program (the “TARP” bank bailouts) – Neil M. Barofsky – wrote a stunning editorial for Bloomberg yesterday, concluding: Americans should lose faith in their government. They should deplore the captured politicians and regulators who distributed tax dollars to the banks without insisting that they be accountable. The American people should be revolted by a financial system that rewards failure and protects those who drove it to the point of collapse and will undoubtedly do so again. Only with this appropriate and justified rage can we hope...