Monday, August 6, 2012
Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street
Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street. Barofsky served as the special inspector general of the Troubled Asset Relief Program (SIGTARP) from December 2008 until March 2011. A former prosecutor, Barofsky irritated Washington insiders by the ways in which he pushed for holding Wall Street accountable. By his account, his mission was to protect the taxpayer, and his method was to do what he thought was right not to do things the easy way. One prominent target of Barofsky’s wrath is Treasury Secretary Tim Geithner. Readers who are interested in financial policy, especially the TARP program, are those most likely to enjoy this blunt appraisal of how the banks were saved and help for homeowners never got traction. Rating: Four-star (Highly Recommended) Click here to purchase Bailout from amazon.com.