Following the Money

Following the Money
Author: United States Congress
Publisher: Createspace Independent Publishing Platform
Total Pages: 412
Release: 2017-10-17
Genre:
ISBN: 9781978318137

Following the money: report of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) : hearing before the Committee on Oversight and Government Reform, House of Representatives, One Hundred Eleventh Congress, first session, July 21, 2009.

Bailouts and the Foreclosure Crisis

Bailouts and the Foreclosure Crisis
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
Total Pages: 124
Release: 2017-12-23
Genre:
ISBN: 9781981897018

Bailouts and the foreclosure crisis : report of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) : hearing before the Committee on Oversight and Government Reform, House of Representatives, One Hundred Twelfth Congress, first session, January 26, 2011.

The Special Inspector General for the Troubled Asset Relief Program (SIG TARP).

The Special Inspector General for the Troubled Asset Relief Program (SIG TARP).
Author:
Publisher:
Total Pages: 0
Release: 2008
Genre:
ISBN:

Due to the ambiguous nature of the statutory language in P. L. 110-343, the scope of the powers and authorities of the SIG TARP is not clear, as discussed below. [...] Although the absence of the additional IG Act language regarding political affiliation and appointment based only on job qualification skills does not change the legal protections that the IG Act and P. L. 110-343 afford to the SIG TARP, the SIG TARP may be less independent than other IGs as a practical matter, given that the SIG TARP is not subject to the same appointment constraints. [...] Unlike IGs in other agencies, who "shall report to and be under the general supervision" of the agency head,7 the SIG TARP will not be required to report to, or be supervised by, the head of any agency, including the Secretary of the Treasury. [...] If the SIG TARP's duties and responsibilities are interpreted to be confined to those in § 4 of the IG Act, the above cross reference to "the reports required by section 5" in § 4(a)(5) of the IG Act appears to subject the SIG TARP to the IG Act § 5 reporting requirements as well. [...] However, it is not clear as to whether the SIG TARP would need to submit the reports in § 5 of the IG Act in addition to the reports required in P. L. 110-343 or whether the SIG TARP would only be responsible for the required reports set forth in P. L. 110-343.

Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues

Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues
Author: Gene L. Dodaro
Publisher: DIANE Publishing
Total Pages: 16
Release: 2010
Genre: Business & Economics
ISBN: 1437914705

Discusses the Troubled Asset Relief Program (TARP), under which the Dept. of the Treasury has the authority to purchase and insure up to $700 billion in troubled assets held by financial institutions through its Office of Financial Stability. Treasury was granted this authority in response to the financial crisis that has threatened the stability of the U.S. banking system and the solvency of numerous financial institutions. This testimony is based primarily on a March 31, 2009 report -- the third under the act's mandate, which covers the actions taken as part of TARP through March 27, 2009, and follows up on the recommendations made in previous reports. Charts and tables.