2.98 trillion on bailouts posts

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TARP cop reports to Congress on $2.98 trillion in bailouts

Did you know that we have a special inspector general overseeing government efforts to bailout portions of the private sector? The answer is "yes" we do and his name is Neil Barofsky. Mr. Barofsky, known as the TARP cop, gave his report recently to the Senate Finance Committee.

Here's what he said. He said that there is a discrepancy of $134.5 billion between his figures and those of the Treasury. (Not to worry. Its only $134.5 billion.)

Continue reading TARP cop reports to Congress on $2.98 trillion in bailouts

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Last updated: May 24, 2012: 11:07 PM

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