Barofsky Blasts Treasury, Obama for Housing Mess

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Barofsky Blasts Treasury, Obama for Housing Mess

Barofsky Blasts Treasury, Obama for Housing Mess

American Banker-

Neil Barofsky, the former special inspector general for the Troubled Asset Relief Program, hammered the Obama Administration and Treasury Department Tuesday night at a panel discussion on the foreclosure crisis, saying fears of a political backlash led to the administration’s tepid response to the housing crisis and refusal to back principal reductions.

 [AMERICAN BANKER]

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