Audit Citigroup? What About the Fed?

Jasper, William F.
September 2009
New American (08856540);9/14/2009, Vol. 25 Issue 19, p44
The article discusses the issue concerning the decision of Neil Barofsky, Special Inspector General (SIG) of the U.S. Treasury Department's 700 billion dollar Troubled Asset Relief Program (TARP), to audit the 301 billion dollars of federal asset guarantees extended to Citigroup Inc. in November 2008. It cites the concerns of Representative Alan Grayson over the asset guarantee arrangements. It also questions the role of the Federal Reserve in the issue.


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