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Bailout - by  Neil Barofsky (Paperback) - 1 of 1

Bailout - by Neil Barofsky (Paperback)

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Highlights

  • In this "jaw-dropping play-by-play of how the Treasury Department bungled the financial bailouts" (USA TODAY), a former federal prosecutor offers behind-the-scenes proof of the corrupt ways Washington officials serve the interests of Wall Street.
  • Axiom Business Book Awards (Economics) 2013 3rd Winner
  • About the Author: Neil Barofsky served as the Special Inspector General in charge of overseeing TARP from December 2008 until March 2011.
  • 304 Pages
  • Political Science, History & Theory

Description



About the Book



Includes a new foreword to the paperback edition.



Book Synopsis



In this "jaw-dropping play-by-play of how the Treasury Department bungled the financial bailouts" (USA TODAY), a former federal prosecutor offers behind-the-scenes proof of the corrupt ways Washington officials serve the interests of Wall Street. At the height of the financial crisis in 2008, Neil Barofsky gave up his job as a prosecutor in the esteemed US Attorney's Office in New York City, where he had convicted drug kingpins, Wall Street executives, and perpetrators of mortgage fraud, to become the inspector general in charge of overseeing administration of the bailout money. From the onset, his efforts to protect against fraud and to hold big banks accountable for how they spent taxpayer money were met with outright hostility from Treasury officials in charge of the bailouts. In this bracing, page-turning account Barofsky offers an insider's perspective on the mishandling of the $700 billion TARP (Troubled Asset Relief Program) bailout fund. With vivid behind-the-scenes detail, he reveals the extreme lengths to which our government officials were willing to go in order to serve the interests of Wall Street firms at the expense of the broader public--and at the expense of effective financial reform. Bailout is a riveting account of Barovsky's plunge into the political meat grinder of Washington, as well as a vital revelation of just how captured by Wall Street our political system is and why the too-big-to-fail banks have become even bigger and more dangerous in the wake of the crisis.



Review Quotes




"Witty and entertaining...you've gotta get this. It's unbelievable."



About the Author



Neil Barofsky served as the Special Inspector General in charge of overseeing TARP from December 2008 until March 2011. For eight years prior, he was a federal prosecutor in the US Attorney's Office for the Southern District of New York, during which time he headed the Mortgage Fraud Group. Currently, Neil Barofsky is a senior fellow at New York University School of Law. An alum of the University of Pennsylvania and the New York University School of Law, Bailout is his first book.
Dimensions (Overall): 8.3 Inches (H) x 5.4 Inches (W) x .9 Inches (D)
Weight: .55 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 304
Genre: Political Science
Sub-Genre: History & Theory
Publisher: Free Press
Format: Paperback
Author: Neil Barofsky
Language: English
Street Date: February 5, 2013
TCIN: 1010459851
UPC: 9781451684957
Item Number (DPCI): 247-20-6990
Origin: Made in the USA or Imported
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Shipping details

Estimated ship dimensions: 0.9 inches length x 5.4 inches width x 8.3 inches height
Estimated ship weight: 0.55 pounds
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Q: What genre does this book belong to?

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  • A: The book falls under Political Science, specifically in the sub-genre of History and Theory.

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Q: What experience did the author have before writing this book?

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  • A: Before writing, Neil Barofsky was a federal prosecutor and led mortgage fraud investigations.

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Q: What is the main focus of the book?

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  • A: The book explores the mismanagement of the financial bailouts by the Treasury Department during the 2008 crisis.

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Q: Is there a new foreword included in this edition?

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  • A: Yes, this paperback edition includes a new foreword not found in earlier editions.

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Q: Who is the author of this book?

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  • A: The author is Neil Barofsky, a former federal prosecutor and inspector general overseeing TARP.

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