Bailout watchdog: Response to financial crisis response leaves US with even more risk The government's response to the financial meltdown has made it ...
Watchdog investigating Fed secrecy on AIG bailouts that sent billions to big banks An independent investigator is launching two probes into the government's ...
Report says credibility of bank rescue program was hurt by government's inaccurate claims The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial banks receiving support were healthy, a new ...
WASHINGTON (Reuters) - Senior U.S. officials deliberately created the impression last year that banks receiving huge government cash infusions were healthier than was the case, a Treasury Department watchdog's report released on Monday said. As a result, the government and the bailout ...
Obama administration signals that $700 billion bank bailout program might need to be extended The Obama administration on Thursday sent its clearest signal yet that it is prepared to extend its $700 billion bailout for Wall Street for another year, even as ...
WASHINGTON (Reuters) - U.S. taxpayers will probably never recover all of the hundreds of billions of dollars invested to bail out financial firms, automakers and homeowners, a key watchdog for the program said on Thursday. Neil Barofsky, the special inspector general for ...
Treasury, backing down, concedes bailout watchdog's independence The Treasury Department has decided not to challenge the independence of the government watchdog agency that Congress created to oversee spending of the $700 billion rescue package for the financial sector. The confrontation between Treasury ...
Treasury, backing down, concedes bailout watchdog's independence The Treasury Department has decided not to challenge the independence of the government watchdog agency that Congress created to oversee spending of the $700 billion rescue package for the financial sector. The confrontation between Treasury ...
Senior Democrats say Treasury needs to adopt recommendations from watchdog agency Two senior congressional Democrats pointedly called on the Obama administration Tuesday to make the $700 billion financial bailout program more visible and accountable to taxpayers, with one complaining that the Treasury ...
Government watchdog says Treasury should conduct more detailed survey of banks The internal watchdog overseeing the government's financial bailout is pressing Treasury to seek more information from banks that receive taxpayer assistance, brandishing his own bank survey as evidence that such data ...
Neil Barofsky, chosen by President Bush to become the Treasury Department's special inspector general in charge of auditing and investigating how the federal government spends bailout money, testifies on Capitol Hill in Washington, Wednesday, Nov. 19, 2008, before the Senate Banking Committee ...
WASHINGTON - NOVEMBER 19: Assistant U.S. Attorney in the Southern District of New York Neil Barofsky testifies during a confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill November 19, 2008 in Washington, DC. Barofsky will become ...
