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View Full Version : TARP created a new little known federal law enforcement agency




tsai3904
03-08-2011, 02:44 PM
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) was created to audit and investigate the use of TARP funds, but there are aspects to SIGTARP that not many know about.

Some facts:
-SIGTARP is a law enforcement agency like the FBI
-SIGTARP's law enforcement functions without attorney general approval
-SIGTARP is requesting for more government funds as TARP is being winded down

Watch the video clip below from CNBC on SIGTARP:
http://www.cnbc.com/id/15840232/?video=3000009300&play=1

This is an example of how government programs breed new government agencies and regulators. I wonder how long SIGTARP will be in existence long after TARP has been winded down.