Stories I’d like to see

Tales of a TARP built to benefit bankers, and waiting for CEOs to pay the price

By Steven Brill
October 2, 2012

1.  The Obama TARP fiasco Romney can’t use:

If the dynamics of the presidential campaign were different, a book called Bailout by Neil Barofsky would be getting a lot more attention. Barofsky left a post in late 2008 as a top federal financial fraud prosecutor in New York to become the special inspector general overseeing the $700 billion TARP bailout program. He’s written a Mr. Smith-Goes-to-Washington-like account of how even after TARP was turned over to a Democratic administration – in fact more so after the Democrats took over – TARP money was dispensed and TARP rules were written almost completely for the benefit of the bankers who drove America into a ditch.

Crash winners, the litigation world series, and Defense budget boondoggles

By Steven Brill
December 27, 2011

1. Crash Winners

Here’s a new entry for the lists of winners and losers that get published this time of year: The ten lawyers, bankers, consultants or accountants who reaped the most from the financial disaster of the last three years.