Courtesy of Jaime Falcon.
Neil Barofsky, Special United States Treasury Department Inspector General to oversee TARP:
- Treasury is using accounting trickery to cover up how badly TARP has failed.
- It is not complicated to pour trillions of dollars into failing companies to save them. That’s why Congress demanded that the money be used in such a way so as to benefit the economy as a whole. TARP and other money that was used has been a dismal failure in that respect.