Eye on the Bailout: TARP Watchdog Launches Audit of Bailout Contracts

Kiel, Paul
February 2010
Pro Publica;2/ 7/2010, p4
Blog Entry
The article presents information on an audit launched by the U.S. Troubled Asset Relief Program (TARP) for bailout contracts. Started by the special inspector general of TARP Neil Barofsky, the program will check whether the U.S. Treasury Deparment has been billed fairly for TARP funds contracts provided to financial companies and legal firms. The total potential value of all the TARP contracts is 600 million dollars as stated by the U.S. Government Accountability Office (GAO).


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