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Obama urges changes to bailout

Tarp : Germany | 11 months ago  
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Mr Obama was referring to the Troubled Asset Relief Program set up last year to rescue reeling financial firms and free up the flow of credit. "There hasn't been enough oversight,'' Nr Obama said. "We found out this week in a report that we are not tracking where this money is going.'' Mr Obama, who will...
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  • News Source: United Press International | 10 months ago
    President-elect Barack Obama called Sunday for a retooling of the federal government's $700 billion bailout of the U.S. financial industry. Obama said, adding that the program has lacked adequate congressional oversight. "We found out this week in a...
  • News Source: The Courier-Mail | 10 months ago
    Mr Obama was referring to the Troubled Asset Relief Program set up last year to rescue reeling financial firms and free up the flow of credit. "There hasn't been enough oversight,'' Nr Obama said. "We found out this week in a report that we are not...
  • News Source: Kiev Post | 11 months ago
    Obama said, referring to the Troubled Asset Relief Program. "There hasn't been enough oversight," Obama said in an interview on ABC's "This Week with George Stephanopoulos." "We found out this week in a report that we are not tracking where this...
  • News Source: Androscoggin News | 11 months ago
    II funds as essential in combating the worst depredations of the deepening recession. As the Post reports, "without the money, [they know] it would be nearly impossible to offer significant help for homeowners facing foreclosure, stabilize the...
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