Sigtarp

Bailed-Out Bank Defrauded By Debt Collection Agency

The Huffington Post | Jillian Berman | Posted 05.16.2012

Read More: Tarp, Video, Debt Collection Agency Tarp, TARP Money, Webster-Bank, Troubled Asset Relief Program, Christy-Romero-Bailout-Watchdog, Business News, Christy Romero, Oxford Collection Agency, Sigtarp, Business News

Apparently debt collection agencies aren't only making things difficult for debtors. Executives at Oxford Collection Agency have pled guilty to co...

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TARP Profit A Myth

The Huffington Post | Mark Gongloff | Posted 04.25.2012

Read More: Tarp, Wall Street Bailout, Tarp Profit, Bailout Watchdog, Banks, Christy Romero, Bank Bailout, Tarp Profit Myth, Sigtarp, Business News

Contrary to the Obama administration's claims, the bailouts of the financial and auto industries have not turned a profit for the U.S. government and ...

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Bailout Watchdog: 'We're Letting Our Guard Down' Against Too-Big-To-Fail Banks

The Huffington Post | Jillian Berman | Posted 04.19.2012

Read More: Tarp, Video, Sigtarp-Oversight, TARP Money, Troubled Asset Relief Program, Too Big to Fail, Business News, Christy Romero, Christy Romero Bailout Watchdog, Sigtarp, Business News

The likelihood of another financial crisis and subsequent bailout is far from dead. And that's partly because Americans and the financial community fo...

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Bailout Money Fails To Reach Neediest Homeowners: Report

HuffingtonPost.com | Loren Berlin | Posted 04.12.2012

Read More: Foreclosures, Treasury Department, Sigtarp, Foreclosure, Foreclosure Prevention, Housing Assistance, Hardest Hit Fund, Tarp, Housing Crisis, Business News

A federal housing program funded with taxpayer money left over from the government's bailout of the banks and auto companies is failing to deliver on ...

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Bailed-Out Companies Pressured Pay Czar To Keep Exec Pay High: Report

Reuters | Posted 03.25.2012

Read More: Tarp, Video, General Motors, Reuters, Executive Pay Bailouts, Bank of America, Aig, Ally, Bailouts Pay, Sigtarp, Tarp Executive Pay, Business News

WASHINGTON, Jan 24 (Reuters) - Pressure from financial institutions and Treasury officials undermined an effort to limit executive pay at seven comp...

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Three Alleged Mortgage Scammers Arrested In California

The Huffington Post | Alexander Eichler | Posted 12.02.2011

Read More: Treasury Department, Mortgages, Foreclosure Crisis, Video, Mortgage Modification, Consumer Financial Protection Bureau, Mortgage Crisis, Foreclosure, Mortgage Scams, Sigtarp, Stockton, Business News

Just one day after government authorities announced they would be bringing the hammer down on loan-modification scammers, three people have been arres...

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Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down

The Huffington Post | Alexander Eichler | Posted 12.01.2011

Read More: Tarp, Treasury Department, Mortgage Modifications, Mortgage Modification, Troubled Asset Relief Program, Homeowners, Mortgage Scams, Mortgages, Hamp, Video, Bailout, Consumer Financial Protection Bureau, Cfpb, Scam, Foreclosure, Sigtarp, Business News

With the economy losing momentum and the housing market sagging, there has been no shortage of scammers looking to take advantage of struggling homeow...

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Banks Left Bailout Program Early To Avoid Restrictions On Executive Pay: Report

HuffingtonPost.com | Alexander Eichler | Posted 11.29.2011

Read More: Tarp, PNC Bank, Treasury Department, Video, Bailout, Troubled Asset Relief Program, Wells Fargo, Bank of America, Christy Romero, Federal Reserve, Financial Crisis, Bofa, Sigtarp, Citigroup, Business News

In the wake of the financial crisis, a number of the nation's largest banks were excused from the government's rescue program before they had returned...

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Obama Treasury Celebrates Bailout Profits While Ignoring Costs, Legacy

HuffingtonPost.com | Shahien Nasiripour | Posted 05.30.2011

Read More: Tarp, Tarp Bailout, TARP Profits, Wall Street Bailout, Neil Barofsky, Timothy Geithner, Sigtarp, Bailout Profits, Financial Crisis, Business News

NEW YORK -- On Wednesday, the Treasury Department celebrated the fact that its $250 billion investment in the nation's banking system has officially m...

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'Pay Czar's' Rules Had Few Lasting Effects, Watchdog Says

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Treasury Department, Ted Kaufman, Pay Czar, Wall Street Bonuses, Sigtarp, Wall Street Pay, Kenneth Feinberg, Executive Compensation, Obama Pay Czar, Business News

WASHINGTON — The government's restrictions on pay at bailed-out banks had little lasting impact because officials soft-pedaled some issues and d...

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Watchdog Says Overhaul Won't Stopped Future Bailouts

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Bailout Watchdog, House Committee on Oversight and Government Reform, Tarp, Neil Barofsky, Bailout Funds, Bailout, Sigtarp, Tim Geithner, Financial Reform, Financial Regulations, Business News

WASHINGTON — A Treasury Department official said Wednesday that the financial regulatory law enacted last summer will help the government avoid ...

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Citigroup Was On The Verge Of Failure, New Report Finds; Rescue Was Based On 'Gut Instinct'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Tarp, Occ, The Financial Fix, Fdic, Dodd-Frank, Troubled Asset Relief Program, Too Big to Fail, $C, Citgroup Rescue, Citibank Failure, Citigroup Bailout, Tim Geithner, Citibank, Financial Crisis, Sheila Bair, Sigtarp, Citigroup, Video, Business News

Citigroup, the nation's third-largest bank by assets, was on the verge of being closed by regulators the week of Nov. 24, 2008 as depositors rapidly w...

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Treasury Concealed Likely AIG Bailout Loss, Federal Auditor Says

Posted 05.25.2011

Read More: AIG Bailout Cost, Treasury Department, AIG Treasury, Troubled Asset Relief Program, AIG Bailout, AIG Taxpayer Bailout, Neil Barofsky, Tarp Auditor, Sigtarp, AIG Bailout Loss, Tarp, AIG Valuation, Business News

The U.S. Treasury concealed $40 billion in likely taxpayer losses on the bailout of American International Group (AIG.N), the New York Times said, c...

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Bailout Watchdog Investigating Alleged Foreclosure Fraud

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Foreclosures, Sigtarp Gmac, Foreclosure Crisis, Neil Barofsky, Housing Crisis, Foreclosure, Sigtarp, Gmac, GMAC Foreclosures, Mortgage Crisis, Business News

WASHINGTON — A government watchdog is investigating government-owned GMAC Mortgage after a company employee admitted to approving thousands of f...

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Inspector General Criticizes Treasury's Role In GM, Chryslsr Dealer Closures

AP/Huffington Post | Posted 05.25.2011

Read More: Chrysler Bankruptcy, Auto Bailout, Chrysler, General Motors, General Motors Bankruptcy, Sigtarp, Video, Business News

A government watchdog is criticizing the Treasury Department for urging General Motors and Chrysler to quickly reduce the size of their dealership net...

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Neil Barofsky, TARP Watchdog: Criminal Charges Could Be Coming For New York Fed In AIG Scandal

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: AIG Coverup, Treasury Department, TARP Watchdog, Tim Geithner, AIG Bailout, Aig, Neil Barofsky, Sigtarp, AIG Scandal, Business News

The government-appointed watchdog for the government's $700 billion bailout program says that the New York Federal Reserve could be hit with criminal ...

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Goldman Sachs Told It Was Getting 100 Cents On The Dollar From AIG, Top Exec Says (VIDEO)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: The Financial Fix, Goldman Sachs, Financial Crisis, Aig, Goldman Sachs Aig, David Viniar, Backdoor Bailout, Timothy Geithner, Sigtarp, Timothy Geithner Aig, Business News

AIG and federal authorities did not negotiate with Goldman Sachs when it came to the firm's controversial $12.9 billion payout from AIG, courtesy of t...

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Watchdog: Obama Foreclosure Program Is Likely To Be A Failure

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Loan Modification, Mortgage Modifications, Making Home Affordable, Mortgage Walk Away, Mha, Neil Barofsky, Obama Administration, Inspector General, Hamp, Foreclosure Crisis, Home Affordable Modification Program, Financial Crisis, Strategic Defaults, Sigtarp, Ig, Video, Business News

The Obama administration's signature foreclosure-prevention program is likely to be a failure and has not done enough to help struggling homeowners wh...

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Bailout Watchdog To Shine Light On Mortgage Program

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Mortgage Investigation, Mortgage Modification, Neil Barofsky Mortgages, Mortgage Oversight, Neil Barofsky Investigates, Sigtarp, Mortgage Loans, Neil Barofsky Oversight, Neil Barofsky Mortgage Investigation, Neil Barofsky, Mortgage Crisis, Business News

WASHINGTON — The federal bank bailout watchdog is planning to scrutinize the formula used by mortgage companies to evaluate borrowers for the Ob...

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The CDOs That Destroyed AIG: The Big Short Doesn't Quite Reveal What They Knew and When They Knew It

David Fiderer | Posted 05.25.2011

Read More: Cdos, Hank Paulson, Darrell Issa, Vanity Fair, The Big Short, Mortgage Crisis, Neil Barofsky, Aig, Credit Rating Agencies, Federal Reserve, Michael Lewis, Bankers, Collateralized Debt Obligations, Investment Banks, Goldman Sachs, Subprime Mortgages, Portfolio Magazine, John Paulson, Hedge Funds, Subprime Mortgage Crisis, Hedge Fund Managers, House Oversight Committee, Henry Paulson, Michael-Lewis-Vanity-Fair, Sigtarp, Business News

It's been eighteen months since AIG collapsed, and Congress has yet to seriously focus on the most important questions: What did they know and when did they know it?

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One Year Before Crisis, I Told Jamie Dimon and Warren Buffett AIG Had Serious Trouble (and Goldman Sachs Knew Too)

Janet Tavakoli | Posted 05.25.2011

The mark-to-market losses were just one part of the problem. AIG had a grave problem just from this position alone, and AIG had other serious problems.

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Goldman Sachs Approached AIG To Scrap Contracts Months Before Being Paid In Full By NY Fed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

This post has been updated with a quote from a senior Obama administration official. Goldman Sachs approached AIG and expressed its willingness to ca...

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AIG and Bernanke

Cate Long | Posted 05.25.2011

Read More: Tarp, Bernanke, Main Street, Goldman Sachs, Aig, Wall Street, Maiden Lane, Sigtarp, Politics News

Ben Bernanke was thick in the middle of the AIG bailouts with Henry Paulson, Tim Geithner and Lloyd Blankfein of Goldman Sachs. Watch the five-minut...

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Timothy Geithner Engineered Unconscionable Payoff to Gambling Buddies

Damien Hoffman | Posted 05.25.2011

Read More: Sigtarp, Goldman Sachs, Aig, Bailout, Tim Geitner, US Treasury, Tarp, Business News

In what alternative universe do gamblers get paid 100 cents on the dollar for bets gone awry? Only in a universe regulated by Tim Geithner and the other cronies at the Federal Reserve and U.S. Treasury.

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