Neil Barofsky | Government Lacks Leverage Over Banks (VIDEO)

Government Lack Leverage Over Banks, Barofsky Says

July 13 (Bloomberg) — Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about regulators’ response to the rate-rigging scandal that led to Barclays Plc being fined a record 290 million pounds ($448 million). He speaks with Stephanie Ruhle, Scarlet Fu and Christine Harper on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)

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Comments
7 Responses to “Neil Barofsky | Government Lacks Leverage Over Banks (VIDEO)”
  1. stripes says:

    The American people need to sue this private bank..this debt cartel of defrauders known as the FEDERAL RESERVE BANK..!

  2. stripes says:

    It is NOT a banking system…unless you call counterfeiting a banking system. It is a CREDIT SYSTEM….A DEBT CREATING, WEALTH STEALING SET UP TO FAIL SYSTEM..FOR THE WEALTH LENDERS…WHO ARE….ALL OF US…..THE BANKERS ARE THE CREDIT CREATORS…..THE MONEY CHANGERS…….AND WHAT THEY DO IS UNCONSTITUTIONAL and ILLEGAL.

  3. Judith McDonald says:

    Thank you for showing us what we know,WE have our own Libor here and banking system in bed with the OCC.gov.Moral cleansing impossible they don’t know what is wrong or right,profits is the driver.
    Bank of America committed fraud and I caught it.

  4. Sarah says:

    Quick! Somebody tell the Bankers within the Government that have been that they have little leverage over themselves. Sorry – we have politicians at this moment, on both sides of the alleged aisle working to make sure banks have free reign or minimal regulatory oversight. Homeowner’s don’t matter, either does fraud when they do it. They aren’t listening to Black.
    It’s not a lack of will, or a bungling of efforts as hack Paul Kiel would suggest, it’s a case of Government capture.

  5. stripes says:

    Everytime I go to foreclosure court, I am shocked this is still going on. When you know the truth, you know that none of these properties are legally foreclosable. These attorneys and Judges are simply lying through their teeth. They make me sick.

    To say this is about money is completely missing the mark. Money certainly incentivizes this scam, however, this is clearly foreign espionage from behind the scenes. Our foreign enemies are outright stealing our country via traitors from within.

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