We don’t want to travel down that road and back again. Daily Beast, your heart may be true, but you’re not a pal or confidante. (The link’s not NSFW; the art is.)
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The sheer size of the program … is so large and the leverage being provided to the private equity participants so beneficial, that the taxpayer risk is many times that of the private parties, thereby potentially skewing the economic incentives.
Inspector General Neil Barofksy • In a massive quarterly report on the Troubled Asset Relief Program. Sound like fun? It totally is. We hope, if the banks defraud us taxpayers, they do it in really cool ways, like buying themselves gold houses and rocket cars. • source