Fed, Treasury Refuse to Take Libor Out of TARP Programs

By: Friday October 26, 2012 6:47 am

The Special Inspector General for TARP, Christy Romero, has recommended that the Federal Reserve and the Treasury Department stop using LIBOR, the benchmark interest rate derived in such a slipshod way that it was rigged for years. But the Fed and Treasury aren’t taking Romero up on the request.

 

SIGTARP Reports and Truth Vigilante Slaps Administration

By: Saturday January 28, 2012 12:00 pm

SIGTARP isn’t happy about the failure of the Treasury to enforce its regulations on home mortgage servicers. Treasury has no response, and just whines. Anonymously.

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