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Monday, June 13, 2011

CORPORATE CRIME REPORTER Neil Barofsky on TARP, SIGTAP, IGS, Elizabeth Warren and Too Big to Fail

CORPORATE CRIME REPORTER
Neil Barofsky on TARP, SIGTAP, IGS, Elizabeth Warren and Too Big to Fail
25 Corporate Crime Reporter 24, June 13, 2011

We spent $700 billion to bail out the too big to fail banks on Wall Street.
And yet, we might have to do it again.
Why?
Because the big banks are still too big to fail.
And next time, we might have to spend $5 trillion.
It ain’t a pretty picture.
As Neil Barofsky knows better than most.

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