Resource

Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street Highlight

posted on in: Quote.

Of course, as Paulson and Bernanke told me many months later, they actually knew that some were on the brink of collapse. For his part, Geithner, who had helped design and implement CPP, later confirmed that he had made no judgment as to whether the first nine banks were actually healthy or viable.

— Neil Barofsky

Replicated under Fair Use from Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street by Neil Barofsky. (Pg. 26)