Neil Barofsky: $5T in More Bailouts

Discussion in 'Wall St. News' started by Free Thinker, Jun 10, 2011.


    Neil Barofsky, who recently stepped down as the Special Inspector General for TARP, more commonly known ; as the $700 billion dollar taxpayer bailout of the country’s biggest banks. Barofsky warns that the safeguards that are supposed to be in place to help avoid another bank meltdown are woefully insufficient – and that another, bigger crisis could be right around the corner.