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Home Moneta Blog The next crisis is coming, are you ready?

The next crisis is coming, are you ready?

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Neil Barofsky became the overseer of the US governments $700 Billion program called TALF- Troubled Asset Relief Program to bail out US banks. A former Goldman Sachs banker, Barofsky was appointed by Treasury Secretary Hank Paulson to manage the funds and when he says that there is another, greater problem coming it is worth listening too.

In this short, three minute interview with Dan Rather, Barofsky throws out a figure of FIVE TRILLION dollars (I feel like Dr Evil writing that), about five times what it has cost so far.

Enjoy : - (

 

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