Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (99920)	2/15/2011 8:45:21 AM
From: lorne	Respond to of 224729

Top gov't watchdog over $700B bailout to resign Feb 14 By DANIEL WAGNER AP Business Writer breitbart.com WASHINGTON (AP) - The government's top watchdog over the financial bailouts says he will step down next month. Neil Barofsky says in a letter to President Barack Obama that he will leave this job on March 30 as special inspector general for the $700 billion Troubled Asset Relief Program. A spokeswoman says Barofsky believes the office met its goals. Barofsky blasted the Treasury Department in a series of audits of the bailout fund, which pointed out management problems. His investigations led to 14 criminal fraud convictions for bankers. He often criticized the department's refusal to make public its decision-making process. The spokeswoman says Barofsky's top deputy, Christy Romero, will become acting special inspector general next month. Barofsky is a former federal prosecutor who was nominated by President George W. Bush in November 2008.