Tuesday, April 21, 2009

Bailout’s top cop probes twenty TARP fraud cases

Neil Barofsky, the top watchdog over the government’s financial bailout efforts, is pursuing 20 civil and criminal investigations into potential fraud in the programs.

In an interview with The Hill, Barofsky, the special inspector general for the Troubled Asset Relief Program (TARP), said he has urged his staff of 37 to zero in on fraud, push cases and deter crime.

Nice to see the Justice department working for the PEOPLE again!

You may be interested to know I found this story over at BAILOUT WATCH

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As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.