See update below: Goolsbee calls for truce?
Did taxpayers lose money on the AIG bailout?
Depends on who you ask. Former TARP inspector general and current NYU professor Neil Barofsky seems to think so. This is what he Tweeted Wednesday.
In a note in this morning’s roundup by Politico reporter Ben White, aka @morningmoneyben, printed a response from the Treasury, saying at the time of the bailout AIG shares were only worth $28.73.
After White’s note went up, Austan Goolsbee, former Chairman of the president’s Council of Economic Advisers and current University of Chicago professor, accused Barofksy of bias.
Barofsky took offence:
Goolsbee did not back down:
But neither did Barofsky, though he conceded the net positive of the AIG bailout:
White had the final scoring:
Update: Just before noon, Goolsbee Tweeted a quasi-concession to Barofsky:
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