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Bailout : an inside account of how Washington abandoned main street while rescuing Wall Street

by Barofsky, Neil M.

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Summary

As the special inspector general in charge of overseeing the distribution of the bailout money, Neil Barofsky found that the officials at the Treasury Department were in thrall to the interests of big banks. In vivid detail he reveals how they failed to hold the banks accountable even as they disreg... Full description

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Table of Contents:
  • Fraud 101
  • Hank wants to make it work
  • The lapdog, the watchdog, and the junkyard dog
  • I won't lie for you
  • Drinking the Wall Street kool-aid
  • The worst thing that happens, we go back home
  • By Wall Street for Wall Street
  • Foaming the runway
  • The audacity of math
  • The essential $7,700 kitchen assistant
  • Treasury's backseat driver
  • Happy endings.
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