Neil Barofsky delivers his verdict: "Treasury’s mismanagement of TARP and its disregard...

|By:, SA News Editor

Neil Barofsky delivers his verdict: "Treasury’s mismanagement of TARP and its disregard for TARP’s Main Street goals... may have so damaged the credibility of the government as a whole that future policy makers may be politically unable to take the necessary steps to save the system the next time a crisis arises. This avoidable political reality might just be TARP’s most lasting, and unfortunate, legacy."