Inspector General blasts Treasury for bungling everything TARP

Washington Examiner ^ | 10/25/10 | J.P. Friere

[Nachum]

Remember all that gladhanding about the success of the Troubled Asset Relief Program (TARP) earlier this month? Neil Barofsky, TARP’s special inspector general, puts the kabosh on that in his report released today. Just read this: “When Treasury refuses for more than a year to require TARP recipients to account for the use of TARP funds, or claims that Capital Purchase Program participants were “healthy, viable” institutions knowing full well that some are not, or when it provides hundreds of billions of dollars in TARP assistance to institutions, and then relies on those same institutions to self-report any violations of

[Nachum]

The list, ping

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[Venturer]

I would make a bet they cannot even account for more than half that money.

[scooby321]

bet some money went to Unions and Acorn.