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

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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 #65533;700 billion bailout fund. In vivid behind-the-scenes detail, he reveals proof of the extreme degree to which the US 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.
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Grouped Work ID ca500bd4-9cbd-75ec-cee9-5ed009c320c9
full_title bailout an inside account of how washington abandoned main street while rescuing wall street
author barofsky neil m
grouping_category book
lastUpdate 2018-01-29 04:27:46AM

Solr Details

accelerated_reader_point_value 0
accelerated_reader_reading_level 0
auth_author2 Barrett, Joe, 1950-
author Barofsky, Neil M.
author2-role Barrett, Joe,1950-, hoopla digital.
author_display Barofsky, Neil M
available_at_boulder Boulder Main Library
detailed_location_boulder Boulder Main Adult NonFiction, Online Hoopla Collection
display_description An insider of both the Bush and Obama administrations offers an irrefutable indictment of the mishandling of the $700 billion Troubled Asset Relief Program bailouts and the extreme degree to which our government officials-from both parties-served the interests of Wall Street at the expense of the public. From his first day on the job as the special inspector general in charge of overseeing the distribution of the bailout money, Neil Barofsky found that the officials at the Treasury Department in charge of the bailouts were in thrall to the interests of the big banks. In vivid behind-the-scenes detail he reveals how they steadfastly failed to hold the banks accountable even as they disregarded major job losses caused by the auto bailouts and refused to help struggling homeowners. He discloses how the team at the Treasury under Secretary Timothy Geithner worked with Wall Street executives to design programs that would have funneled vast amounts of taxpayer money to their firms and allowed them to game the markets and make huge profits with almost no risk and no accountability. Providing stark details about how-through a combination of sheer incompetence and a profound disregard of the plight of homeowners-the interests of the broader public were betrayed, he recounts how an increasingly aggressive war was waged by the Treasury against his efforts to raise the alarm about the failures. Bailout is a riveting account of his plunge into the political meat grinder of Washington, as well as a vital revelation of just how captive to Wall Street our political system is and why the too-big-to-fail banks have only become bigger and more dangerous in the wake of the crisis.
format_boulder Book, eAudiobook
format_category_boulder Audio Books, Books, eBook
id ca500bd4-9cbd-75ec-cee9-5ed009c320c9
isbn 148159303, 9781451684933, 9781481593038
item_details hoopla:MWT10024199||Online Hoopla Collection|Online Hoopla|eAudiobook|Audio Books|1|false|true|Hoopla||||Available Online||||, ils:.b19909366|.i2484987x|Boulder Main Adult NonFiction|338.973 Baro|||1|false|false|||||On Shelf|Jul 15, 2016|bmnfa||
itype_boulder , hardcover book
lexile_score -1
literary_form Non Fiction
literary_form_full Non Fiction
local_callnumber_boulder 338.973 Baro
owning_library_boulder Boulder Public Library
owning_location_boulder Boulder Main Library
primary_isbn 9781451684933
publishDate 2012
record_details hoopla:MWT10024199|eAudiobook|Audio Books|Unabridged.|English|Blackstone Audio, Inc. ,|2012.|1 online resource (1 audio file (9hr., 27 min.)) : digital., ils:.b19909366|Book|Books|1st Free Press hardcover ed.|English|Free Press,|2012.|xvi, 270 p. ; 24 cm.
recordtype grouped_work
scoping_details_boulder hoopla:MWT10024199||Available Online|Available Online|false|true|false|false|false|false||||, ils:.b19909366|.i2484987x|On Shelf|On Shelf|false|true|true|false|false|true|1,70,2,3,4,5,6,7,8,9,10,11,12,13,14,17,19,18,20|||
subject_facet Banks and banking -- Subsidies -- United States, Corporate debt -- United States, Finance -- Subsidies -- United States, Global Financial Crisis, 2008-2009, Rich people -- United States, Troubled Asset Relief Program (U.S.)
title_display Bailout : an inside account of how Washington abandoned Main Street while rescuing Wall Street
title_full Bailout : an inside account of how Washington abandoned Main Street while rescuing Wall Street / Neil Barofsky, Bailout : an inside account of how Washington abandoned Main Street while rescuing Wall Street [electronic resource] Barofsky, Neil M.
title_short Bailout :
title_sub an inside account of how Washington abandoned Main Street while rescuing Wall Street
topic_facet Banks and banking, Corporate debt, Finance, Global Financial Crisis, 2008-2009, Rich people, Subsidies