Moyers and Company. Bailouts and Banking Reform

Your Playlist:

Description

In this edition of Moyers and Company, Bill is joined by Neil Barofsky, who held the thankless job of special inspector general in charge of policing TARP, the bailout's Troubled Asset Relief Program. Between President Obama's ineffectual proposals and Mitt Romney's loving embrace, bankers have little to fear from either administration - and that leaves the rest of America on perilously thin economic ice. Barofsky discusses the critical yet unmet need to tackle banking reform and avoid another financial meltdown. A senior fellow and adjunct professor at the New York University School of Law, Barofsky is the author of Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.