Former prosecutor and current Special Inspector General Neil Barofsky was a guest of CNBC's Squawk Box this morning ahead of his later Congressional testimony, which we will post as soon as it becomes available. This is an outstanding interview. Covered: bailout arbitrage, Treasury transparency, TALF, TARP, bailout totals, fungible assets, Fannie, Freddie, $23.7 Fracking Trillion in total commitments. Try to make time to see this one.
Neil Barofsky, Gentleman Inspector General (SIG TARP Becky Quick CNBC Clip)
"Treasury Lacks Transparency on TARP Expenditures."
"We're Not Making Moral Judgements. We Just Want Sufficient Information."