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Bailout : an inside account of how Washington abandoned Main Street while rescuing Wall Street by Neil Barofsky is a history book available to read on EtoBox.

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In this bracing, page-turning account of his stranger-than-fiction baptism into the corrupted ways of Washington, Neil Barofsky offers an irrefutable indictment, from an insider of the Bush and Obama administrations, of the mishandling of the $700 billion TARP bailout fund. In vivid behind-the-scenes detail, he reveals proof of the extreme degree to which our government officials bent over backward to serve the interests of Wall Street firms at the expense of the broader public—and at the expense of effective financial reform.During the height of the financial crisis in 2008, Barofsky gave up his job as a prosecutor in the esteemed U.S. Attorney’s Office in New York City, where he had convicted drug kingpins, Wall Street executives, and perpetrators of mortgage fraud, to become the special inspector general in charge of oversight of the spending of the bailout money. From his first day on the job, his efforts to protect against fraud and to hold the big banks accountable for how they spent taxpayer money were met with outright hostility from the Treasury officials in charge of the bailouts.Barofsky discloses how, in serving the interests of the banks, Treasury Secretary Timothy Gei

Who reads Bailout : an inside account of how Washington abandoned Main Street while rescuing Wall Street?

Author

Neil Barofsky

Publisher

Free Press/Simon & Schuster, Inc. (NYC)

Published

2012

Language

EN

ISBN

9780813125206

Category

history

Subjects

Memoir, Science, Political Science

Rating

3.9 / 5 (1,177 ratings)

Updated

2026-03-14