Where are the repaid TARP funds?   What has Treasury done with repaid funds?  Is repaid TARP, and accrued "profits," being utilized to pay down the national debt, or mitigate future deficit spending?  To what political purposes are repaid TARP monies being put to use, by Treasury?  Mr. Geithner's role in all this?

-J.M.H.




http://www.sigtarp.gov/

Under EESA, the Special Inspector General has the responsibility, among other things, to conduct, supervise and coordinate audits and investigations of the purchase, management and sale of assets under the Troubled Asset Relief Program ("TARP"). SIGTARP's goal is to promote economic stability by assiduously protecting the interests of those who fund the TARP programs - i.e., the American taxpayers. This is achieved by facilitating transparency in TARP programs, providing effective oversight in coordination with other relevant oversight bodies, and through robust criminal and civil enforcement against those, whether inside or outside of Government, who waste, steal or abuse TARP funds.

The Special Inspector General, Neil M. Barofsky, was confirmed by the Senate on December 8, 2008, and was sworn into office on December 15, 2008.