Tasked with overseeing the Troubled Asset Relief Program (TARP), Special Inspector General Neil Barofsky says the programs helped stabilize the economy, but at a cost.
“Notwithstanding TARP’s role in bringing the financial system back from the brink of collapse, it has been widely reported that the American people view TARP with anger, cynicism, and distrust,” Barofsky said in a quarterly report to Congress. “These views are fueled by the lack of transparency in the program.”
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