Sunday, October 14, 2012

Another Crisis Is 'Inevitable'

at the bottom of the financial crisis, congress set up a Troubled Asset Relief Program (TARP) which allowed the federal government to invest in banks and other firms likely to go under. Neil Barofsky was the program's Inspector General. In this Wall street Journal interview he explains how the factors that led to the 2008 crisis have only gotten worse. In consequence he views another crisis as "inevitable." Photo: Getty Image.


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