Tarp Funds

SIGTARP's Independence Essential to Protect Taxpayers

Rep. Darrell Issa | Posted 10.19.2009 | Politics


Rep. Darrell Issa

No matter where Americans fall along the ideological spectrum, everyone should be concerned when federal officials, with extraordinary power over the economy, attempt to limit oversight of their own conduct.

Citigroup's Asset Guarantees to Be Audited by TARP

bloomberg.com | Posted 09.19.2009 | Business


Citigroup Inc.'s $301 billion of federal asset guarantees, extended by the U.S. last year to help save the bank from collapse, will be audited to calc...

Bailout Overseer: Banks Misused TARP Funds

Washington Post | Binyamin Appelbaum | Posted 08.19.2009 | Business


Many of the banks that got federal aid to support increased lending have instead used some of the money to make investments, repay debts or buy other ...

Chances of Getting an SBA 7(a) Loan for Your Small Business: Slim to None!

Susan Wilson Solovic | Posted 08.14.2009 | Business


Susan Wilson Solovic

A small business owner's chances of getting an SBA 7(a) loan are slim to none. The restrictions are absurd, and the application process beyond reason.

10 Large US Banks To Repay $68B In TARP Funds

AP | DANIEL WAGNER | Posted 07.18.2009 | Business


WASHINGTON — A key government effort to ease the credit crisis reached a milestone Wednesday as 10 large banks said they had repaid a total of $...

David Frum: Bank CEOs Still In Denial About Bailout

New Majority | Posted 05.07.2009 | Politics


If the Politico report is to be believed, some of the bank CEOs who met with President Obama last week actually used some of their scarce time to defe...

Arthur Delaney

Barofsky To Announce Counterparty Audit

HuffingtonPost.com | Arthur Delaney | Posted 05.01.2009 | Politics


Government-appointed TARP watchdog Neil Barofsky said a Senate hearing Tuesday that he plans to review AIG's payments of billions in taxpayer bailout ...

Banks Declining TARP Funds, $2 Billion Turned Down

bailoutsleuth.com | Avi Klein on February 27, 2009 4:01 PM | Posted 04.06.2009 | Home


German American Bancorp Inc. said this week it would turn down $25 million in taxpayer capital from the Treasury Department and raise funds through a ...

BofA's Ken Lewis: TARP Funds "A Mistake"

Huffington Post | Julie Satow | Posted 04.02.2009 | Business


Bank of America's CEO Kenneth Lewis told the Financial Times the $20 billion in funds he requested in January was a "tactical mistake" that made the c...

Community Banks: TARP Is Not A Bailout

Huffington Post | Julie Satow | Posted 03.26.2009 | Business


UPDATE: Iberiabank is first bank to return TARP funds it accessed via the CPP program. As Citigroup takes a step closer to nationalization and atten...

Freedom Watch Is Back: Right-Wing Group Sues For TARP Details

The Hill | Posted 03.19.2009 | Politics


A conservative legal group is suing the Treasury Department and the Federal Reserve to reveal exactly how the first $350 billion of the financial serv...

Ryan Grim

Bailout Investigation Released: Help Us Dig Through It

HuffingtonPost.com | Ryan Grim | Posted 03.08.2009 | Business


The investigator in charge of overseeing the expenditure of TARP funds -- money for banks to stabilize the financial industry -- released his first re...

Next! Six More Banks Get TARP Funds

BailoutSleuth | Chris Carey on February 2, 2009 8:15 PM | Posted 03.05.2009 | Business


Six more banks -- four of them in California -- have announced their approval for the Treasury Department's $700 billion Troubled Asset Relief Program...

Sam Stein

Claire McCaskill Lays Down Law On CEO Compensation

HuffingtonPost.com | Sam Stein | Posted 03.02.2009 | Politics


Sen. Claire McCaskill has delivered a sharp threat to the wallets of corporate executives who took large compensation packages even as their companies...