Elizabeth Warren Assails Special AIG Tax Deal Allowing Company to Pay No Taxes on Profits

By: Monday March 12, 2012 10:15 am

Elizabeth Warren, running for Senate in Massachusetts, today called attention to a stealth bailout of AIG through special tax breaks created for them and other bailed-out companies. Warren joined a bipartisan group of her former colleagues on the Congressional Oversight Panel, the group that oversaw TARP, to assail the tax preferences for AIG, and demand [...]

Geithner on Foreclosure Fraud: What’s the Problem?

By: Thursday December 16, 2010 12:51 pm

The Congressional Oversight Panel held a hearing today with Treasury Secretary Timothy Geithner. The issue areas were broad, but the COP’s two most recent reports have concerned the failure of HAMP and the significant systemic risk to the financial system from foreclosure fraud and investor put-backs. So obviously, this was a major subject in today’s [...]

This Week’s Developments in Foreclosure Fraud

By: Monday November 15, 2010 8:18 am

Forget about the lame duck session for a second. It doesn’t look as if a whole lot will be accomplished, and outside of Charlie Rangel’s ethics trial there isn’t much entertainment value to be had, either. Of far more news value will be the developments this week on foreclosure fraud, only one of which involves [...]

Damon Silvers Blasts Treasury, Tries to Get Them to Wake Up on Mortgage Fraud

By: Thursday October 28, 2010 8:04 am

The Congressional Oversight Panel, which Elizabeth Warren used to run but which will now be chaired by folk-hero Sen. Ted Kaufman, held a hearing on TARP foreclosure mitigation programs, basically HAMP and its counterparts, yesterday. You can see all the statements from everyone on the panel and the witnesses at the link. I could write [...]

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