April 10, 2009

TARP rollout has big issues, criticism from oversight groups

Six months after its creation, the Troubled Asset Relief Program still hasn't worked out its kinks. TARP has struggled to clarify its purpose and organize its logistics, according to the three government groups in charge of overseeing the program. They say the Treasury Department, which administers TARP, is tight-lipped on some important matters, such as how officials decide which banks qualify for it.

Related content


Editor's Choice Videos