AVIATION SAFETY – Status of Recommendations to Improve FAA’s Certification and Approval Processes, GAO-14-142T, Oct 30, 2013 FEDERAL PROTECTIVE SERVICE – Challenges with Oversight of Contract Guard Program Still Exist, and Additional Management Controls Are Needed, GAO-13-694, Sep 17, 2013 HEALTH CARE FRAUD AND ABUSE CONTROL PROGRAM – Indicators Provide Information on Program Accomplishments, but Assessing Program Effectiveness is… Continue Reading
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Search Results for: TARP
SIGTARP Quarterly Report to Congress
Office of the Special Inspector General for the Troubled Asset Relief Program – Quarterly Report to Congress, October 29, 2013 “The financial system has stabilized in part due to five years of the TARP bailout, but the toxic corporate culture that led up to the financial crisis and TARP has not sufficiently changed. At the core of the… Continue Reading
SIGTARP Audit Treasury’s injection of Troubled Asset Relief Program Funds in GM
Treasury’s Role in the Decision for GM to Provide Pension Payments to Delphi Employees SIGTARP 13-003 August 15, 2013 “The U.S. Department of the Treasury’s (“Treasury”) injection of Troubled Asset Relief Program (“TARP”) funds in General Motors Corporation (“GM”) and Chrysler Group LLC (“Chrysler”) was the only bailout with a President’s Designee overseeing the companies’… Continue Reading
SIGTARP Qaurterly Report to Congress, July 24, 2013
Christy Romero, Special Inspector General: “Congress created SIGTARP to combat white collar crime committed by those who view Troubled Asset Relief Program (“TARP”) bailout funds as an opportunity for fraud and other illicit activity. Congress authorized SIGTARP to investigate, search, seize, and arrest. SIGTARP investigations have already resulted in 51 defendants sentenced to prison for… Continue Reading
New GAO Reports – Defense Acquisition Workforce, Electronic Drug Labeling, Internet Pharmacies, Investment Advisers, TARP
Defense Acquisition Workforce – The Air Force Needs to Evaluate Changes in Funding for Civilians Engaged in Space Acquisition, GAO-13-638, Jul 8, 2013 Electronic Drug Labeling – No Consensus on the Advantages and Disadvantages of Its Exclusive Use, GAO-13-592, Jul 8, 2013 Internet Pharmacies – Federal Agencies and States Face Challenges Combating Rogue Sites, Particularly… Continue Reading
Report – Banks that Used the Small Business Lending Fund to Exit TARP
Banks that Used the Small Business Lending Fund to Exit TARP, Office of the Special Inspector General for the Troubled Asset Relief Program. April 9, 2013 “On September 27, 2010, Congress created the Small Business Lending Fund (SBLF) as part of the Small Business Jobs Act of 2010, which permitted Treasury to invest up to… Continue Reading
New GAO Reports – SaferProducts.gov, F-35 Joint Strike Fighter, Federal Courthouses Construction, TARP, WIC Program
Consumer Product Safety Commission – Awareness, Use, and Usefulness of SaferProducts.gov, GAO-13-306, Mar 11, 2013 F-35 Joint Strike Fighter – Current Outlook Is Improved, but Long-Term Affordability Is a Major Concern, GAO-13-309, Mar 11, 2013 Federal Courthouses Construction – Nationwide Space and Cost Overages Also Apply to Miami Project, GAO-13-461T, Mar 8, 2013 Troubled Asset… Continue Reading
The Role of TARP Assistance in the Restructuring of General Motors
CRS – The Role of TARP Assistance in the Restructuring of General Motors, January 3, 2013 “General Motors Corporation (Old GM) was a publicly traded company from 1916 until its bankruptcy in 2009. As part of restructuring, Old GM and its successor General Motors Company (New GM) together received over $50 billion in federal assistance… Continue Reading
New GAO Reports – TARP, Temporary Assistance For Needy Families, Preventive Health Activities
Troubled Asset Relief Program – Treasury Sees Some Returns as It Exits Programs and Continues to Fund Mortgage Programs, GAO-13-192, Jan 7, 2013 Temporary Assistance For Needy Families – More Accountability Needed to Reflect Breadth of Block Grant Services, GAO-13-33, Dec 6, 2012 Preventive Health Activities – Available Information on Federal Spending, Cost Savings, and… Continue Reading
The Role of TARP Assistance in the Restructuring of General Motors
CRS – The Role of TARP Assistance in the Restructuring of General Motors, September 7, 2012 “General Motors Corporation (Old GM) was a publicly traded company from 1916 until its bankruptcy in 2009. As part of restructuring, Old GM and its successor General Motors Company (New GM) together received over $50 billion in federal assistance… Continue Reading
New GAO Reports – Unmanned Aircraft Systems, TARP Oversight, DHS Info Sharing, Census Info Technology, Security for Mobile Devices
Unmanned Aircraft Systems – Measuring Progress and Addressing Potential Privacy Concerns Would Facilitate Integration into the National Airspace System [Reissued on September 18, 2012] GAO-12-981, Sep 14, 2012 Financial Markets and Institutions – Treasury Continues to Implement Its Oversight System for Addressing TARP Conflicts of Interest, GAO-12-984R, Sep 18, 2012 Information Sharing – DHS Has… Continue Reading
CRS – TARP Assistance for Chrysler: Restructuring and Repayment Issues
TARP Assistance for Chrysler: Restructuring and Repayment Issues, Baird Webel, Specialist in Financial Economics – Bill Canis, Specialist in Industrial Organization and Business, September 7, 2012 “The recent recession and accompanying credit crisis posed severe challenges for all automakers, but especially for General Motors and Chrysler. Executives of both companies testified before congressional committees in… Continue Reading
