GAO Releases TARP Report
The Government Accountability Office released its Troubled Asset Relief Program report today, which recommended that the Treasury:
1. Give increased attention to reviewing risks posed by CMBS;
2. Strengthen its TALF decision-making progress;
3. Determine which data are needed to track the management and sale of assets TALF borrowers might surrender; and
4. Grant the GAO authority to audit the Federal Reserve TALF operational and administrative activities.
The Government Accountability Office released its Troubled Asset Relief Program report today, which recommended that the Treasury:
1. Give increased attention to reviewing risks posed by CMBS;
2. Strengthen its TALF decision-making progress;
3. Determine which data are needed to track the management and sale of assets TALF borrowers might surrender; and
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