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Neil Barofsky, the special inspector general for the $700 billion financial bailout, told a House panel that "a failure of communication and a failure of management" led to the bonuses. Geithner 'Ultimately Responsible' For AIG Missteps The special...
Tags: inspector general, AIG Financial Products, special inspector, Treasury Department, Neil Barofsky, Timothy Geithner, American International Group Inc., bailout program, pay czar, aig bonuses
The Treasury Department pay czar has "informally advised" AIG to reduce the $198 million in scheduled retention payments, according to an audit by the Special Inspector General over the $700 billion bailout for the financial industry...The House Committee...
Tags: AIG, Treasury Department, inspector general, American International Group, special inspector, Timothy Geithner, obama administration, Merrill Lynch, treasury secretary, Obama
The top cop tracking the $700 billion bailout program said Monday that he's concerned federal officials are ignoring his proposals for preventing tax dollars from being wasted or pilfered. Neil Barofsky, the special inspector general overseeing the Troubled...
Tags: Treasury Department, N.W. Treasury, Treasury Letter, Neil Barofsky, special inspector, inspector generally, assets relief, troubled assets, bailouts programs, Barack Obama
A top government watchdog says the military command overseeing $15 billion in U.S. programs to develop Afghanistan's security forces cannot be sure the money is being managed effectively.In its first audit report since being formed a year ago, the office...
Tags: Afghanistan Reconstruction, inspector general, special inspector, Iraq
Bush has nominated a federal prosecutor in New York to be special inspector general to oversee the government's $700 billion financial rescue plan. If confirmed by Senate, Neil Barofsky, (bur-OFF-skee), an asssistant U.S. attorney in the Southern District...
Tags: Neil Barofsky, George W. Bush, inspector general, special inspector, Senate Finance Committee, bailout watchdog, Department of the Treasury, Barofsky Nominated, senator finance, Treasury Department
2 Washington: Iraq's daily oil production is at its highest level since the March 2003 US invasion, in large part thanks to improved security, a new US audit says...The report is his third this year to outline increasing improvements to Iraq's security...
Tags: Iraqi, Stuart Bowen, inspector general, special inspector, oil revenues, iraq reconstruction, oil production