A short and bitter interview with the former Special Inspector General for TARP, Neil Barofsky, who warns that the next round of bailouts would have to exceed $5 Trillion in up front costs for the biggest institutions. Barofsky says he has no idea where the US could come up with that kind of money.
When pressed by Dan Rather who asks "Are you scared?", Barofsky answers, "You should be scared. I'm scared. You can't not be scared. You can't look at what happened in the run up to 2008 and see how it's not going to repeat itself, given what we've done."
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