Call for transparency in spending of TARP funds

Tuesday, February 10, 2009

Should banks be required to explain how they spend taxpayer dollars? That was the 700 billion dollar question the Bush administration struggled with last fall while constructing the TARP. Today as we anticipate the reworked version of the TARP, it seems the Obama administration has a whole new set of questions, like how to restore public faith in the bailout. David Barstow, a New York Times reporter covering the bank bailout, joins us this morning.

For more on this, read David Barstow's article, Calls for Clarity in New Bailout for U.S. Banks, in today's New York Times.


David Barstow

Hosted by:

Katherine Lanpher and Todd Zwillich

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.