Predated Tarp News Today

Was aaa. >> with respect to those agencies we would only have jurisdiction to investigate into t.a.r.p.-related crimes, not the time of activity that predated t.a.r.p. and wouldnt have anything to do with their t.a.r.p. applications, so that really would be outside of our jurisdiction. >> and that would be department of justice? >> department of justice, u.s. attorneys office, sure. >> ill leave that one alone. what is the current risk in the system as it stands right now in your opinion? >> i t...

Starting, i think, just next week or two against lee fargus, the chairman of taylor bean and whitaker. thats a multi billion dollar accounting fraud that is mortgages and mortgage-backed securities. theres been a number of guilty pleas in that case already. our jurisdiction is really only those related to the t.a.r.p. and the t.a.r.p. program, and that program we have jurisdiction because they tried to get more than $550 million from t.a.r.p., which we were able to stop dead in its tracks and sa...