barofsky
While most news reports on Special Inspector General's Neil Barofsky focus on how the Treasury Department and the Fed lied about TARP being used to bail out "healthy" banks, we're spinning our wheels on trying to figure out who lied, and what they said. How will knowing who lied change what needs...
TARP's lifespan: Keep it short or keep it going?
11:00AM 9/25/2009
Battles are brewing in Washington about whether to allow TARP to die a quiet death on December 31 or start a fight to extend its life. Treasury Secretary Timothy Geithner has not yet decided if he will recommend a TARP extension, but even if he decides against an extension, he wants to keep the...
Has the U.S. spent $2 trillion or committed $23.7 trillion? Those will be the numbers tossed around at a House committee hearing today on TARP. As Special Inspector General Neil Barofsky will testify, the larger number is admittedly excessive, based on maximum government expenditure parlayed...
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