Big banks enjoyed an unfair advantage during the 2008 federal rescue of the financial system in...

|By:, SA News Editor

Big banks enjoyed an unfair advantage during the 2008 federal rescue of the financial system in the form of cheaper access to credit, TARP watchdog Neil Barofsky tells the Senate Banking Committee. "The financial markets believe more than ever that the United States government will step in and save the 'too big to fail' institutions should there be another financial shock."