From: Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) <sigtarp@service.govdelivery.com>
Date: Wed, Jul 30, 2014 at 1:22 PM
Subject: SIGTARP Remarks on $1.27 Billion Penalty Ordered Against Bank of America
To: iammejtm@gmail.com
| U.S. District Judge Jed S. Rakoff ordered TARP recipient Bank of America to pay $1.27 billion for fraud it committed before and during the time taxpayers invested more than $45 billion in the bank through the TARP bailout, announced the Special Inspector General for the Troubled Asset Relief Program. Additionally, a former executive was ordered to pay a civil penalty of $1 million to the federal government. Read the press statement here. Follow SIGTARP on Twitter @SIGTARP, here. SIGTARP HOTLINE: To report allegations of fraud, waste, abuse, mismanagement, or misrepresentations involving the taxpayer-funded Troubled Asset Relief Program, call (877) SIG-2009 or send confidential information to SIGTARP via an online Hotline form. SIGTARP REPORTS: Audit reports and quarterly reports to Congress about the management and transparency of TARP programs are posted here. GENERAL COMMENTS: SIGTARP welcomes comments and suggestions. You may reach us at the phone number and mailing address below: Phone: (202) 927-8940 Mail: Office of the Special Inspector General for the Troubled Asset Relief Program 1801 L Street NW Washington, DC 20220 Update your subscriptions, modify your password or e-mail address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).
|
Jeremy Tobias Matthews
No comments:
Post a Comment