BOOK REVIEW: BAILOUT, BY NEIL BAROFSKY

Like millions of Americans worried over their shrinking retirement funds, I relied on www.sigtarp.gov to find the truth about where our tax dollars were going and to whom.

Author Neil Barofsky headed SIGTARP as Special Inspector General over TARP which Congress authorized and funded to keep track and oversee the original TARP (Troubled Assets Relief Program). This $700 billion to prop up the Wall Street banks’ meltdown had been pushed through a fearful US Congress in late 2008 by former Treasury Secretary Henry Paulson, Fed Chair Ben Bernanke and then NY Fed President Timothy Geithner.

 

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