BUSINESS
09/03/2009 05:12 am ET | Updated May 25, 2011

TARP Watchdog Raids 2 Banks

Federal agents in Florida on Monday raided two banks that last week scuttled a deal that would have qualified one of them for federal bailout funds.

The agents were acting on search warrants issued by the office of Neil Barofsky, the special inspector general for the Troubled Asset Relief Program.

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