Former Inspector General for TARP: 5 trillion in Bailouts Needed for Next Leg of Crisis

“Dan Rather Reports” presents an in-depth interview with Neil Barofsky, who recently stepped down as the Special Inspector General for TARP, more commonly known ; as the $700 billion dollar taxpayer bailout of the country’s biggest banks. Barofsky warns that the safeguards that are supposed to be in place to help avoid another bank meltdown are woefully insufficient – and that another, bigger crisis could be right around the corner. 

Hat tip to Danielle Park