Magox Posted October 22, 2009 Share Posted October 22, 2009 For the few of those who've actually paid attention to what I have been saying over the past 6 months, know that I have been extremely critical of the TARP "Bailout". I've made my case many times before, and here is Neil Barofsky's (TARP WATCHDOG) damaging review: http://www.usatoday.com/money/industries/b...k-bailout_N.htm A Treasury Department watchdog is warning that a key $700 billion bailout program has damaged the government's credibility, won't earn taxpayers all their money back and has done little to change a culture of recklessness on Wall Street. "The American people's belief that the funds went into a black hole, or that there was a transfer of wealth from taxpayers to Wall Street, is one of the worst outcomes of this program, and that is the reputational damage to the government," said Neil Barofsky, special inspector general of the Troubled Asset Relief Program (TARP), in an interview. Link to comment Share on other sites More sharing options...
/dev/null Posted October 22, 2009 Share Posted October 22, 2009 In other news General Franco is still dead Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted October 22, 2009 Share Posted October 22, 2009 In other news General Franco is still dead Link to comment Share on other sites More sharing options...
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