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Another Crisis is Coming, Barofsky Says

By Strategic Renter follow Strategic Renter   2012 Oct 10, 1:11am 667 views   0 comments   watch   nsfw   quote   share
The best house to buy will be one with wheels so you can get out of this state as fast as you can.

Another crisis is coming, because the response to the Panic of 2008 was to make the big banks bigger, to reward risky behavior, and most especially because in Washington, playing ball for Wall Street has become a normal way of life, Neil Barofsky said at the Big Picture conference in Manhattan today. The only question is whether the financial system will be reformed before or after the next crisis hits.

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