Thu, Jul 9th, 2009
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The government could lose out on more than $2 billion if federal officials continue to undervalue part of the financial bailout package, a government watchdog panel will say on Friday.
The Congressional Oversight Panel, working with a team of Harvard Business School professors, estimated that taxpayers had lost one-third of the value of the very small number of warrants that had already been sold by the Treasury Department.
Related stories from top sites:
FBI: Tough to ID all Burr Oak remains
Jul 10th, 2009 - ChicagoTribune.com
As they began processing the hidden, vacant lot at Burr Oak Cemetery where hundreds of skeletal remains were dumped, federal officials said Monday that because of shoddy record-keeping at the cemetery near Alsip...
Business lender CIT scrambles for aid
Jul 10th, 2009 - OrlandoSentinel.com
NEW YORK - In a sign the financial crisis is not yet over, CIT Group Inc., the No. 1 lender to small and mid-sized U.S. businesses, is holding advanced talks with the government about receiving emergency federal assistance...
US June budget gap $94.32 bln, record for June
Jul 10th, 2009 - Reuters
WASHINGTON, July 13 (Reuters) - The U.S. government rang upa $94.32 billion budget deficit in June, a record for themonth, as the price tag for efforts to prop up the economy,banks and automakers mounted while revenues weakened.
US Govt Posted $94B Total Budget Deficit In June
Jul 10th, 2009 - Wall Street Journal
WASHINGTON (Dow Jones)--The fiscal year-to-date U.S. budget deficit broke past $1 trillion in June, a grim testament to the recession and financial crisis. The federal government spent $94.
Treasury Department sells TARP warrants at big discount
Jul 10th, 2009 - bizjournals
The U.S. Treasury Department is selling stock warrants back to Troubled Asset Relief Program recipients for 66 percent of fair market value, according to a report issued Friday by the Congressional Oversight Panel. Through the TARP...
Related videos from YouTube:
- TARP Oversight Panel Chair...TARP congressional oversight panel chair Elizabeth Warren on MSNBC's The Rachael Maddow Show. visit: firedoglake.com
- Elizabeth Warren Introduces...In this video, Chair Elizabeth Warren of the TARP Congressional Oversight Panel introduces the COP November Report: "Guarantees and Contingent Payments in TARP and Related Programs." The full report is available online at cop ...
- Inside Look - TARP Oversight...TARP Shortchanged Taxpayers by $78 Billion - Interview with Congressional Oversight Panel Chairwoman Elizabeth Warren (In Focus)
- Financial (TARP) Bailout...(2/6/09) Click on "More Info" for background articles. Greta Interviews Elizabeth Warren, Chairwoman of the TARP Congressional Oversight Panel. Growing scandal over revelations that Henry Paulson's TARP plan only got ...
Related stories from Digg:
Warren: We will never know where the TARP money went
In a recent interview on CNBC, Elizabeth Warren, the chair of the Congressional oversight panel, said that the TARP money is untrackable. Our money, which was given to banks to bail them out, is simply gone. The banks can't report where …(Political News)
wagnerzx2Fri, Oct 23rd, 20091 Diggs, 0 CommentsElizabeth Warren: The Middle Class Is Under Terrific Assault
The Washington Post features an interview today with Elizabeth Warren, who chairs the Congressional Oversight Panel, which makes her your last, best -- maybe only -- hope at getting the TARP money back and ensuring that something will be done to prevent the cascade of systemic financial sector cock-ups that cratered the economy from ever happening (Political Opinion)
ProaSailorThu, Oct 8th, 200924 Diggs, 0 CommentsA Second Look | Where Has All The Money Gone, Long Time Pass
Tom takes A Second Look at an excellent interview of Elizabeth Warren, Chairman of the TARP Congressional Oversight Panel, in Washington Post. Political Opinion. | A Second Look | Where Has All The Money Gone, Long Time Passing...(Political Opinion)
batbirdThu, Oct 8th, 20091 Diggs, 0 Comments
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