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This is a must read book. Not only is it engaging, but it made the complexities of the bailout clear and understandable. Most importantly, it made me angry. As a life long Democrat, I am furious at how the Treasury Department in a Demoratic Administration had (and probably still has) such little regard for home owners and others on "Main Street" USA but bent over backwards to bailout the banks and help the bankers get richer.
This book is well worth the time to read.
It bothers me to know that their are so many politicians that have so little regard for the American publics opinion and taxpayer. But to know that their are a few Barofsky's out there fighting for what is right gives me some relief. This book is an eye opener.
Shines a bright light on the incredible incompetence and politically motivated favoritism given Wall Street and the horrific injustice imposed on homeowners the TARP programs were supposedly designed to help and protect. Clearly emphasizes the Treasury's consistent, and often successful, attempts at blocking transparency and accountability, and their refusal to consider virtually any attempt to avoid fraud by financial institutions, but still leaves us wondering why.
Only in America. Barofsky for President.
This man is a hero.
what every taxpayer should know
By FRED Cardenas
Great book! It highlights why transparency is so important! Peels back the cover of secrecy that government too often hides behind.
Special thanks to those at SIGTARP who worked so hard and put up with all the abuse to protect the US taxpayer.
The SIGTARP model is one all regulators should strive to achieve!