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

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That became Treasury’s modus operandi: first, announcements intended to “shock and awe” the media that made for good sound bites but were not particularly well thought out; then, weeks later, scattered and incomplete details that had to be reworked on the fly. And finally, poor program execution that accomplished little, if any, of the originally announced goals. Several of the programs announced that day followed the pattern exactly.

— 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. 124)