Neil Barofsky was interviewed by Dylan Ratigan tonight on MSNBC. Barofsky is going after the truth in the AIG debacle. He says civil and criminal prosecutions are in the pipeline and that he thinks there will be hand-cuffs coming for some. He also explains why Geithner's statements re tax payers being made whole on the AIG bail-out is untrue and misleading. This is the kind of truth seeking that must happen in order to fix this mess and assign blame where it is due. This is some of the most encouraging discussion I have heard so far. Ratigan keeps swinging for the truth in the maze of deceit. If enough people keep at this thing, we will finally get somewhere re the reforms and house cleaning needed.
Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”