Troubled Asset Relief Program
Failed Bank’s COO Gets 8 Years for TARP Fraud
Regulator says Ebrahim Shabudin was so "fixated" on protecting United Commercial Bank's reputation that he hid millions of dollars in losses.
Ex-Bank Exec Gets 30 Months for TARP Fraud
Charles Antonucci was convicted of misleading regulators about Park Avenue Bank's capitalization to obtain $11 million in government bailout funds.
Ex-RBS Trader Pleads Guilty to CLO Fraud
“Fraud in the fixed income markets is a secret and unfair tax on investors everywhere,” said a U.S. attorney.
Private Investors Profiting From TARP Auctions
Many community banks now owe TARP dividends to outside investors or have to buy back preferred shares at a premium.
U.S. Treasury Denies GM and Ally Execs Were Overpaid
In 2013, the Treasury Department loosened compensation limits for the top 25 executives at GM and Ally Financial. But did it loosen them too much?
Ailing Credit Unions Draw Attention of TARP Watchdog
Eighty-three percent of the credit unions that received funds through the Community Development Capital Initiative still have not paid back Treasury.