Big Banks Hold on Regulators Must Be Broken: Barofsky

``Anyone who has read of "Bailout," Barofsky's account of his 27 months as the inspector general of Tarp, or watched American Banker's extensive interviews with him, knows Barofsky clashed repeatedly with fellow regulators who, as Barofsky tells it, rescued the nation's banks while abandoning homeowners. The financial industry's grip on regulators and lawmakers was, and still is, a major problem that has to be solved, he said.''