Bailouts, Troubled Asset Relief Program | featured news

TARP Inspector to Resign

Neil M. Barofsky, the special inspector general for the Troubled Asset Relief Program since December 2008, announced his resignation Monday and plans to step down from the job on March 30.

 

TARP bailout to cost taxpayers $25 billion: CBO

TARP bailout to cost taxpayers $25 billion: CBO

The U.S. Troubled Asset Relief Program, which risked $700 billion of government funds to bail out troubled banks and automakers, will cost taxpayers a mere $25 billion, according to an estimate released on Monday by the nonpartisan Congressional Budget Office.

 

Treasury: TARP Money Returned to Taxpayers Exceeds $250 Billion

Treasury updated its projections for the cost of the 2008 Troubled Asset Relief Program, saying that for the first time the amount of funds that has been returned to taxpayers exceeds $250 billion.

 

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