Tag Archives: barofsky

Handcuffs for Timmy? If So, Can A Presidential Pardon Be Far Behind?

Posted on April 28, 2010 by stacyherbert| 38 Comments

Stacy Summary: The blogosphere is abuzz with hope that Barofsky intends to perp walk Timmy out of the Treasury building. No doubt, as with all banana republics, a presidential pardon would prevent any justice from actually being served.

Barofsky Likely to Seek Criminal or Civil Charges Against New York Fed (Zerohedge)

TARP Watchdog Says Criminal Charges May Be on the Table for NY Fed for AIG Coverup (Business Insider)

Geithner May Be CRIMINALLY Charged? (Karl Denninger)

→ 38 Comments

Posted in Headlines

Tagged aig, barofsky, charges, civil, criminal, ny fed, tim geithner

Barofsky says TARP ‘Almost Certainly’ Will Bring Losses to US Taxpayer

Posted on November 13, 2009 by stacyherbert| 20 Comments

Stacy Summary: Fraud is the system.

Barofsky says US taxpayers will almost certainly lose billions on TARP

“When I first took office, I can’t tell you how many times I’d be having a sit-down and warning about potential fraud in the program and I would hear a response basically saying, ‘Oh, they’re bankers, and they wouldn’t put their reputations at risk by committing fraud,’” he said.

→ 20 Comments

Posted in Headlines

Tagged barofsky, fraud, tarp