Daily Archives: March 14, 2012

Barofsky: “Why is the Fed in such a rush to allow these banks to deplete their capital?”

Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the results of the Federal Reserve’s bank stress tests. Here is the direct link.

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Insiders coming clean on their bank employers–better late than never?

It is too bad that so many people have aided and abetted the mass fraud and flagrant abuse of trust that the financial sector has perpetrated on the world over the past 15 years. Greed in the final throes of … Continue reading

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