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special Inspector | Inspector generally

special Inspector General Topic in The Credit Debacle Catalog

Special Inspector General Neil Barofsky (1).

Mish's Global Economic Trend Analysis Tue 2010-05-11 09:03 EDT

Barofsky Threatens Criminal Charges in AIG Coverup, Goldman Sachs Abacus Deal, TARP Insider Trading; New York Fed Implicated

Michael Shedlock

The day that Tim Geithner lands in jail will be a day of celebration. Don't count on it soon or ever, but Neil Barofsky, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), is now threatening criminal charges...

AIG coverup; Barofsky Threatens Criminal Charges; Goldman Sachs Abacus Deal; Mish's Global Economic Trend Analysis; New York Fed Implicated; TARP Insider Trading.

New Deal 2.0 Mon 2009-11-30 13:44 EST

Geithner's Disgrace

Eliot Spitzer

he issue has been festering for months: Why were AIG's counterparties -- including Goldman Sachs, JPMorgan Chase, and UBS -- paid 100 cents on the dollar when the feds rescued the insurance giant, helping raising the cost of the bailout to nearly $200 billion? A new report issued by Special Inspector General Neil Barofsky now reveals that government officials, notably then -- New York Fed President and current Treasury Secretary Timothy Geithner, grievously damaged the nation and capitulated to the very banks they should have been supervising.

0; Geithner's Disgrace; new dealing 2.

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