In his scathing new book, barofsky says taxpayers got shafted while the rich got richer a true expose. Neil barofsky, former inspector general of tarp, has written a piercing memoir about the naked collusion between washington and wall street. An inside account of how washington abandoned main street while rescuing wall street, his account of serving as special inspector general of the. The troubled assets relief program tarp was the formal name for what we often just call the bailout. Bailout is a riveting account of barofskys plunge into the political meat grinder of washington, and a vital revelation of just how captured by wall. Neil barofskys book bailout an inside account of how washington abandoned main street while rescuing wall street, leaves no doubt that in his mind the american taxpayers have struck out and the big banks continue their winning streak. This book is nothing more than an autobiography of barofskys life over the. Nyts grossly inaccurate hit piece on neil barofsky. Neil barofsky in 2010, when he was special inspector general for the tarp banking bailout.
An inside account of how washington abandoned main street while rescuing wall street, is a necessary addition to the financial crisis oeuvre. He discusses his new personal narrative titled bailout. Neil barofsky plays the leading jimmy stewart hero role in this modern update to mr. An inside account of how washington abandoned main street while rescuing wall street. Even though by now we know most what neil barofsky packs into his book, bailout. Neil barofsky s book bailout an inside account of how washington abandoned main street while rescuing wall street, leaves no doubt that in his mind the american taxpayers have struck out and the big banks continue their winning streak. Neil barofsky on bailouts, tarp, and whether it was. Former special inspector general of the tarp neil barofsky s new book bailout depicts the treasury, where his effort was housed, as completely, hopelessly in thrall to the banks.
Bailout is a riveting account of barovskys plunge into the political meat grinder of washington, as well as a vital revelation of just how captured by wall street our. The title of barofskys book after bailout is how washington abandoned main street while rescuing wall street, but in a book that always argues with itself, barofsky writes with a. The title of barofskys book after bailout is how washington abandoned main street while rescuing wall street, but in a book that always argues with itself, barofsky writes with a forked pen. Neil barofskys journey into a bailout buzz saw fair. Bailout book by neil barofsky official publisher page simon. From the opening of this latest book on the governments mishandling of the 20089 financial crisis, neil barofsky establishes his populist. Neil barofsky s book traces his effort to police the tarp bailout. He also casts a large vote of noconfidence in treasury secretary tim geithner.
Neil barofsky, of new york, nominated by president george w. Bailout is a kind of alice in wonderland tale of an ordinary, sane person disappearing down into a realm of hallucinatory dysfunction, with tim geithner playing the role of the mad hatter and barofsky the increasingly frustrated alice who realizes hes stuck at the stupidest tea party he ever was at wry morbidly funny one of the best. An inside account of how washington abandoned main street while rescuing wall street by neil barofsky and a great selection of related books, art and collectibles available now at. Bad banks, big bailouts and bruises from the opening of this latest book on the governments mishandling of the 20089 financial crisis, neil barofsky establishes his populist narrative from his. The above quote and its underlying story is for the most part the tale within neil barofsky s bailout. How washington abandoned main street while rescuing wall street, it remains worth reading as an indepth, consolidated account of how the bush and obama administrations pretended to be supporting overwhelmed home owners while pumping hundreds of billions into americas topheavy financial system, led by big banks that have only grown since they helped generate the deepest recession we have known since the great. Bush to be special inspector general for the troubled asset relief program, speaks at. Neil barofsky on the broken promises of the bank bailouts money. Bad banks, big bailouts and bruises from the opening of this latest book on the governments mishandling of the 20089 financial crisis, neil barofsky.
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