TITLE

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

AUTHOR(S)
Kiel, Paul
PUB. DATE
February 2010
SOURCE
Pro Publica;2/ 7/2010, p4
SOURCE TYPE
Blog Entry
DOC. TYPE
Article
ABSTRACT
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).
ACCESSION #
65171075

 

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