Two official reports on the Troubled Assets Relief Program (TARP), a.k.a. the bailout, have been released. One is from the TARP Congressional Oversight Panel and the other is from the Special Inspector General for TARP (SIGTARP).
With all the recent focus on the economic stimulus bill, taxpayers need to make sure Congress and the Administration don't lose sight of making sure this program is accountable and effective. Especially because the Obama Administration is set to announce next week its plan of action on how to release the final $350 billion authorized under TARP.
Read the TARP Congressional Oversight Panel's February report: Valuing Treasury's Acquisitions.
Read the Inspector General's: Initial Report to the Congress.
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