Page 23 - Tarp Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Make the tax relief permanent. >> did he say he wanted to not only run it the way he has been running it but put it on steroids forever like always stay with that plan? that was in early 2008. then we started shedding these jobs and the company was really in trouble and then all of a sudden they had to make some decisions. then john boehner shows up, minority leader in the house, and says dog gone it what do you say we spend some money? what do you say we do the t.a.r.p. program? here's what he had to say. let's not forget. >> think about the jobs that will be lost. if i didn't think we were o...

Job. he joins me now. there are not many people in government or the private sector who come out looking good from the whole financial mess. you're one of them. you are the sigtarp, the inspector general for the t.a.r.p. program and not only gotten criminal convictions and recovered money for the public but t.a.r.p. reviled as it is actually worked in one way. tell me if i'm wrong. two purpose, one to stabilize the banking system and it did by giving them loads of money, the second where it failed was in reforming the bank industry. you have been a harsh critic of how the government has failed...

Numbers. what can you tell us? >> yesterday, it was all about bad news when i spoke with you. today, there is some pretty good news out there. adp numbers came in. this is a good gauge on trying to see what's going to happen on friday. adp showed an increase of 201,000 in the private sector, a strong number, in line with what the market was expecting. it has been looking like it will open higher today, the dow by about 58 points or so when 20 minutes time pm this is being received as decent news. the big question will be what the government numbers show on friday. we had mortgage applications ...

19 of the 20 cities tracked, they are barely above reinvestigation from the '06 peak and this dire report comes the same day the house will consider ending the president's troubled homeowner assistance program which has helped the banks space out the foreclosures but has helped very few homeowners. in fact it has been widely criticized for failing to help keep the millions in their homes it was supposed to, simply help smooth out the earnings for the banks who could roll out the foreclosures over the period of a few quarters. the program was created with about $50 billion from the highly unpop...

Starting, i think, just next week or two against lee fargus, the chairman of taylor bean and whitaker. that's a multi billion dollar accounting fraud that is mortgages and mortgage-backed securities. there's 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 save that taxpayer money. and we've had criminal charges against a number of ceos of smaller banks a...