Topic: Troubled Assets Relief Program

The recent U.S. Treasury announcement that the Troubled Asset Relief Program (TARP) will be expanded to include some insurers seems like good news, as the capital is badly needed. The insurance industry took it as a positive sign when Morgan Stanley (NYSE: ...
With growing unemployment, deflating housing values, wage stagnation and crippling consumer debt, the Government bailout plans are a critical means to avoid this entire generation having Depression-Era like stories to tell our own grandchildren. It may even buy sufficient time for the ...
Almost two years ago, the political class was in a tizzy, claiming that if the Congress and the President did not immediately pass the massive TARP program to bailout out the country's financial institutions, the entire world banking and economic system would ...
Are there any ulterior motives behind the Government so called " The true motives behind this stress test are still unclear at this time, but certain conclusions can be drawn based on the chatter from the Treasury and other Government officials. From ...
For two years, politicians have danced around the nationalization issue, but ForeclosureGate may be the last straw. In January 2009, only a week into Obama's presidency, David Sanger reported in The New York Times that nationalizing the banks was being discussed. Privately, ...

Neil Barofsky

Assistant United States Attorney Neil Barofsky serves as a Special Inspector General for the U.S. Treasury Department in charge of overseeing the Troubled Assets Relief Program (TARP) . Bailout Cop Busy on the Beat In April of 2009, Barofsky told Congress his ...
The financial bailout program, called TARP for the Troubled Asset Relief Program, was more aptly named than those in Congress realize. If you look closely at the beginnings of the financial crisis you will see that people in Congress, mostly Democrats, pushed ...
The buzzwords around the financial bailout are " A recent article on Entrepreneur.com, however, tells a different story. Romero states that some of these regional institutions have "taken a sliver of that federal TARP rescue money specifically to do what Congress and ...
THE OBAMA ADMINISTRATION HARPS on the need to make Wall Street accountable through better oversight and more transparent reporting. Yet the White House blew its stack last week when an independent review asserted that its $700 billion bailout of Wall Street lacked ...
SPIN METER: Government's bailout estimates leave out hundreds of millions in extra costsThe Treasury Department says its bank bailouts are over, but the spending continues.In a Sept. 22 speech, Treasury Secretary Timothy Geithner said the bailouts "are completely behind us."That's not quite ...