October 21st, 2008

You are currently browsing the articles from Home Equity Loans written on October 21st, 2008.

F.B.I. Resources Overwhelmed by Crisis-Related Crime

More happy news from the economic front:� it is possible that the perpetrators of the mortgage mess, the stock market nose dive, and a whole bunch of other peripheral crimes might just get away with it.

The New York Times and the Associated Press are both reporting that the Federal Bureau of Investigation is overwhelmed by reports of possible criminal activity arising out of recent events, and, unless they can increase staffing in some of its divisions, might have to raise its own hands in surrender.

Treasury Hires Private Firms for TARP Accounting, Auditing

The U.S. Treasury announced it had hired two major professional services firms to assist in the accounting and auditing process for the Troubled Asset Relief Program (TARP). PricewaterhouseCoopers LLP was hired Oct. 16, and Ernst & Young was hired on Oct. 18.

"The firms will help the Department with accounting and internal controls services needed to administer the complex portfolio of troubled assets..."

October 21st, 2008

F.B.I. Resources Overwhelmed by Crisis-Related Crime

Treasury Hires Private Firms for TARP Accounting, Auditing

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