TITLE

Audit Citigroup? What About the Fed?

AUTHOR(S)
Jasper, William F.
PUB. DATE
September 2009
SOURCE
New American (08856540);9/14/2009, Vol. 25 Issue 19, p44
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
44048253

 

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