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Inspector General Agrees to Issa Request to Expand SEC-Goldman Sachs Investigation to Include Settlement Announcement

WASHINGTON D.C. – The Securities and Exchange Commission (SEC) Inspector General (IG) David Kotz has agreed to a 
Hearing
Government 2.0: Federal Agency Use of Web 2.0 Technologies
Hearing
Quitting Hard Habits: Efforts to Expand and Improve Alternatives to Incarceration for Drug-Involved Offenders
Hearing
Hearing to examine the Department of the Interior’s oversight of offshore oil drilling
Press Release
As Obama’s Bill Signing Charade Begins, Root Causes of Financial Meltdown Ignored, Future of Fannie and Freddie Unknown

Fannie-Freddie Represents the Largest Taxpayer Bailout in History but Future Met with Deafening Silence WASHINGTON D.C. – President Obama today signed a “financial reform” bill into law today that remarkably ignored how the economic crisis was created by a partnership between the federal government and Gov­ernment Sponsored Enterprises (GSE’s) such as Fannie Mae and Freddie Mac who paved the way for an over-inflated housing bubble that encouraged mortgage ...
Press Release
Inspector General for TARP Assails Obama Administration for Lack of Transparency and Deepening Housing Crisis

WASHINGTON. D.C. – The Special Inspector General of the Troubled Asset Relief Program (SIGTARP) Neil Barofsky, today released its quarterly report that blasted the Treasury Department for instituting “the equivalent of a fully deployed TARP program” without transparency and for setting “meaningless” standards to measure the true impact of the Home Affordable Modification Program (HAMP), characterizing it as “anemic” and a “government program ...
Press Release
Countrywide E-Mails Raise New Questions Surrounding Effort to Gain Influence in Exchange for Sweetheart Loan Deals

WASHINGTON D.C. – An investigation conducted by Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee is revealing new insights into the inner workings of Countrywide’s Financial Corporation’s infamous VIP and Friends of Angelo Program that existed to buy friends in critical government and industry positions affecting the company’s business interests. An e-mail discovered in the course of the Committee’s investigation, revealed an ...
Post
As Obama’s Bill Signing Charade Begins, Root Causes of Financial Meltdown Ignored, Future of Fannie and Freddie Unknown

Fannie-Freddie Represents the Largest Taxpayer Bailout in History but Future Met with Deafening Silence WASHINGTON D.C. – President Obama today signed a “financial reform” bill into law today that remarkably ignored how the economic crisis was created by a partnership between the federal government and Gov­ernment Sponsored Enterprises (GSE’s) such as Fannie Mae and Freddie Mac who paved the way for an ...
Post
Inspector General for TARP Assails Obama Administration for Lack of Transparency and Deepening Housing Crisis

WASHINGTON. D.C. – The Special Inspector General of the Troubled Asset Relief Program (SIGTARP) Neil Barofsky, today released its quarterly report that blasted the Treasury Department for instituting “the equivalent of a fully deployed TARP program” without transparency and for setting “meaningless” standards to measure the true impact of the Home Affordable Modification Program ...
Post
Countrywide E-Mails Raise New Questions Surrounding Effort to Gain Influence in Exchange for Sweetheart Loan Deals

WASHINGTON D.C. – An investigation conducted by Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee is revealing new insights into the inner workings of Countrywide’s Financial Corporation’s infamous VIP and Friends of Angelo Program that existed to buy friends in critical government and industry positions affecting the company’s business interests. An e-mail discovered in the course of the Committee’s investigation, ...