Share on
HTML EMBED
Click to Copy

Latest Episodes

Share on
HTML EMBED
Click to Copy
Corner Office from Marketplace
Share on
HTML EMBED
Click to Copy
Marketplace Morning Report
Share on
HTML EMBED
Click to Copy
Marketplace Morning Report
Share on
HTML EMBED
Click to Copy
Marketplace Morning Report
Share on
HTML EMBED
Click to Copy
Share on
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly
Share on
HTML EMBED
Click to Copy
Share on
HTML EMBED
Click to Copy
Share on
HTML EMBED
Click to Copy
Marketplace Morning Report
Share on
HTML EMBED
Click to Copy
Marketplace Morning Report

The TARP police are still on call

Tim Fitzsimons Mar 16, 2015
Share Now on:
HTML EMBED:
COPY

TARP, or the “Troubled Assets Relief Program,” was a major part of the bank and automaker bailout that Congress passed in the wake of the 2008 subprime mortgage crisis.

The government’s last major TARP holding — a stake in Ally Financial — was sold in December 2014.

That doesn’t mean TARP is entirely over. 

SIGTARP, or the Office of the Special Inspector General for TARP, is headed by Christy Romero. SIGTARP has the legal authority to investigate and prosecute misuse of TARP funds. Dozens of scammers have already been prosecuted, and Romero says that so far her office has recovered $1.57 billion in taxpayer money.

How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.