1. QUOTE from:
    Public distrust is biggest cost of TARP: Barofsky
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    Eliot Spitzer, in an interview on CNN. "Tim Geithner had all the negotiating power in the world; he didn't use it. Tim Geithner continues to be the voice of Wall Street, not Main Street" Spitzer said, referring to man who is now Treasury secretary and served as president of the New York Fed during last fall's crisis. Full Article at MarketWatch
    Tim Geithner had all the negotiating power in the world; he didn't use it. Tim Geithner continues to be the voice of Wall Street, not Main Street
    Eliot Spitzer – Eliot Spitzer SOURCE: MarketWatch 1 month ago
All quotes from:
Public distrust is biggest cost of TARP: Barofsky
  1. Unfortunately, several decisions by the Treasury ... have served only to damage the government's credibility and thus the long-term effectiveness of TARP
    SOURCE: MarketWatch 1 month ago
  2. This administration has not gone anywhere close to far enough to reform the banking sector
    SOURCE: MarketWatch 1 month ago
  3. Treasury is just too closely aligned with the interests of Wall Street are only reinforced by Treasury's failures of transparency
    SOURCE: MarketWatch 1 month ago
  4. Absent meaningful regulatory reform, TARP runs the risk of merely re-animating markets that had collapsed under the weight of reckless behavior
    SOURCE: MarketWatch 1 month ago
  5. The anger, cynicism and distrust created must be chalked up as one of the substantial, albeit unnecessary costs
    SOURCE: MarketWatch 1 month ago
  6. There are significant signs of improvement in the stability of the financial system
    SOURCE: MarketWatch 1 month ago
  7. The firms that were 'too big to fail' last October are in many cases bigger still, many as a result of government-supported and -sponsored mergers
    SOURCE: MarketWatch 1 month ago

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