Wednesday, January 19, 2011

GOP investigative hearing to probe bailouts - Bloomberg

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GOP investigative hearing to probe bailouts
Jan 19, 2011 12:50 PM MT
By The Associated Press

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WASHINGTON (AP) — The House's major investigative committee will explore financial bailouts and the foreclosure crisis on Jan. 26, in the panel's initial hearing this year.

Chairman Darrell Issa (ice-uh), of the Oversight and Government Reform Committee, invited special inspector general Neil Barofsky and Treasury Secretary Timothy Geithner to testify.

Barofsky has investigated failures in the government's financial bailout program and problems with the Obama administration's Home Affordable Mortgage Program to alleviate foreclosures."

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