Transom
Main

USA Today

Corruption Follows Spending: About 20 Criminal Probes of Bailout Spending Underway

WASHINGTON — A government watchdog has launched “almost 20″ criminal investigations related to the $700 billion financial bailout program, according to a report to Congress to be released Tuesday. Neil Barofsky, the special inspector general for the rescue program, says in the report that the probes involve possible public corruption; corporate, stock and tax fraud; insider trading; and mortgage fraud. Barofsky provided no information on who is being investigated or why, saying details will not be released “until public action is taken.”

Read the Full Story
TNL
blog comments powered by Disqus
- March 22, 2010 -

MORE LEDGER

ELSEWHERE ON TNL

DAILY READS

MARKETS & POLICY

The WHIP

HEGEMON

CHEQUER BOARD