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Work of Special IG For TARP Draws Increasing Attention

New York Times: Mr. Neil A. Barofsky [Special Inspector General for the TARP – SIGTARP] is setting off fireworks on Capitol Hill as he quietly and methodically pieces together the most complete historical record yet of the financial bailout. His reports are careful but not cautious, showing a willingness to stand up to some of the most powerful people and institutions in Washington or on Wall Street.”

  • On Wednesday, January 27, 2010, the House Committee on Oversight and Government Reform will hold a hearing titled: Factors Affecting Efforts to Limit Payments to AIG Counterparties. The hearing will examine the collapse and federal rescue of American International Group, Inc. (AIG), in particular the compensation of AIG credit default swap counterparties. Mr. Barofsky will testify.
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