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Newsmaker interview: Bailout watchdog warns of "doomsday cycle"

By Peter H. Stone

Neil Barofsky, the TARP special inspector general, tells the Center in an interview that the government has sown the seeds for a future fina

Bailout watchdog probes suspected TARP fraud at 64 banks

The government watchdog charged with overseeing the $700 billion bank bailout fund is claiming broad success in cracking down on individual

The midterm election edition

The midterm elections are almost upon us and with Republicans poised to take control of the House of Representatives, we thought it a good t
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TARP watchdog sounds alarm about "too big to fail" banks

By Julie Vorman

For U.S. banks, bigger is still better despite the financial reform law’s attempt to rein in “too big to fail” institutions, a government wa

August 6, 2010

By Julie Vorman

TODAY'S HIGHLIGHT: What lessons did the U.S. government learn from its unprecedented 2008-09 intervention in the financial markets?...

Excerpts from this story referencing "Fannie Mae":

"… group Inc., and General Motors as well as the caretaker of mortgage giants Fannie Mae and Freddie Mac.During the crisis, Treasury Department actions appeared …"

Considering the differences between two billion-dollar bailouts

By Kat Aaron

The auto industry bailout has stalled in the Senate, putting the fate of Detroit’s Big Three and their employees in the hands of the White H
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Reform reading: Bailout paradox in Nov. 2 election

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

Shaky start for Troubled Asset Relief Program

By The Center for Public Integrity

Instead of buying up troubled assets, money from the Troubled Asset Relief Program poured into banks to little avail

From Bank of America, two different stories about tracking bailout funds

By Ben Protess

Is Bank of America, the nation’s largest bank, tracking how it spends $45 billion in taxpayer funds?

Why Fannie and Freddie continue to cost taxpayers billions

By Ben Protess

Treasury secretary to testify Tuesday on mortgage giants, Fannie Mae and Freddi Mac

Excerpts from this story referencing "Fannie Mae":

"… he companies bailed out by the federal government, mortgage finance giants Fannie Mae and Freddie Mac are shaping up as the deepest money pits. A close look at …"

"… filings, congressional testimony and interviews with economists and former Fannie Mae employees. Fannie and Freddie uncharacteristically collected more than $1 …"

"… riting standards,” said Thomas Lawler, a former senior vice president of Fannie Mae who left in 2006 to start a consulting business. “A disturbingly high sh …"

"… from scratch. “I believe this committee will be recommending abolishing Fannie Mae and Freddie Mac in their current form," Frank said, "and coming up with a …"

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