Bank of America Grifters Not in Prison-Veteran Goes to Jail For 25 Dollars

[Octafish]

1. Geithner sacrificed homeowners to “foam the runway” for the banks

Is great phrase:

Neil Barofsky, the former special inspector general for the Troubled Asset Relief Program, has published a new book, “Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street.” It presents a damning indictment of the Obama administration’s execution of the TARP program generally, and of HAMP in particular.
…
By delaying millions of foreclosures, HAMP gave bailed-out banks more time to absorb housing-related losses while other parts of Obama’s bailout plan repaired holes in the banks’ balance sheets. According to Barofsky, Treasury Secretary Tim Geithner even had a term for it. HAMP borrowers would “foam the runway” for the distressed banks looking for a safe landing. It is nice to know what Geithner really thinks of those Americans who were busy losing their homes in hard times.

CONTINUED w VIDEO and links and more letters...

http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982

Most importantly: Thanks for the heads-up on Mr. Papa, kairos12. In the USA, the amount of Justice is directly variable with the thickness of one's wallet. Wish I was in court that day so I could slip him $25 -- if I had it I would, that is.