Deputies and Movers Show Up at Bank of America to Seize Assets | Common Dreams

IW:  this is becoming more common. We should have just re-possessed them in 2008 instead of giving them our TARP money. Collier court documents show that they bought a house in Golden Gate from the bank for $165,000 in 2009. They paid cash, no mortgage. But somehow the bank and its attorney, the David J. […]

Neil Barofsky, Top Govt Watchdog Over $700B Bailout Resigns

Barofsky criticized both the Obama and Bush administration. He blasted Treasury Secretary Timothy Geithner and his predecessor, Henry Paulson, in a series of audits of the bailout fund, which was created by Congress in October 2008. The audits examined issues such as Geithners role in the rescue of American International Group Inc. and the departments […]