For 16 months, Neil Barofsky was in charge of policing the $700 billion Troubled Assets Relief Program, commonly known as TARP.
Barofsky says Treasury Secretary Timothy Geithner, in particular, is to blame for the mishandling of TARP. "Among other things, he presided over, made the policy choices to put the banks before homeowners. He oversaw a policy that saw our largest banks, the too-big-to-fail institutions get bigger than ever and more powerful, more politically connected. ... Where we are in the economy today is partly the responsibility of Secretary Geithner and the bad policy choices that he has made."
This guy was aware of LIBOR rate fixing and only sent an email about it. No action to protect us.
This guy is an example of how our government is for sale and is sold to the highest bidder - Wall Street.
Both parties, Republican and Democrat are full of these profiteering self-serving elitists. Rotten.