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<DIV>“The definition of insanity is repeating the same actions over and over
again and expecting a different result,” Barofsky says. “If the goal of TARP was
to make sure we don’t have another financial collapse, well, obviously it’s made
the likelihood of that much, much greater.” </DIV>
<DIV> </DIV>
<DIV>...insurance giants <A
onmouseover="return escape( popwQuoteShort( this, 'HIG:US' ))"
href="http://www.bloomberg.com/apps/quote?ticker=HIG%3AUS">Hartford Financial
Services Group Inc.</A> and <A
onmouseover="return escape( popwQuoteShort( this, 'LNC:US' ))"
href="http://www.bloomberg.com/apps/quote?ticker=LNC%3AUS">Lincoln National
Corp.</A> bought tiny thrifts -- one with just $7 million in assets -- to
qualify for the TARP Capital Protection Program, which is designed to encourage
bank lending. Hartford and Lincoln used the more than $4.3 billion in TARP funds
they received almost entirely to finance insurance operations...</DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV><FONT size=2 face=Arial>...<FONT size=3 face="Times New Roman">an unnamed
money manager in TARP’s Public-Private Investment Program, which buys toxic
assets, saying the person sold a recently downgraded mortgage-backed bond from a
company fund, then promptly purchased the same security in the same amount at a
higher price for a fund backed by TARP money...</FONT></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2 face=Arial><A
href="http://www.bloomberg.com/apps/news?pid=20601109&sid=aVHMZwNcj2B0&pos=10">http://www.bloomberg.com/apps/news?pid=20601109&sid=aVHMZwNcj2B0&pos=10</A></FONT></DIV>
<DIV><FONT size=2 face=Arial></FONT> </DIV><br />--
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