Troubled Asset Relief Program

Bank Chairman Pleads Guilty To Using TARP Funds To Buy Luxury Condo
The bank chairman could be sentenced up to a year in prison, may also have to pay a $100,000 fine, and is barred from future work in the financial services industry. Read more...
A watchdog group has found that the U.S. Treasury Department allowed big raises for executives at three firms being bailed out during the financial crisis. Read more...
Between what are seen by many as President Obama’s weak proposals and Mitt Romney’s loving embrace, bankers have little to fear from either administration, and that leaves the rest of America on perilously thin economic ice. Neil Barofsky, who held the thankless job of special inspector general in charge of policing TARP, the bailout’s Troubled Asset Relief Program, joins Bill to discuss the critical yet unmet need to tackle banking reform and avoid another financial meltdown. Read more...
Boehner labels opponents of TARP "knuckle-draggers" Read more...