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Office of the Special Inspector General for the Troubled Asset Relief Program "Initial Report to Congress" SIGTARP: Neil M. Barofsky 189 pages February...

Author: /time Magazine | Title: TARP Oversight Report | 2/6/2009 | See Source »

...hundreds of billions of dollars to troubled financial institutions. So where did the money go? And what assurances does the American public have that the money's not being wasted? In his first report to Congress, a Special Inspector General charged with overseeing the so-called Troubled Assets Relief Program (TARP) tries to answer these questions. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: TARP Oversight Report | 2/6/2009 | See Source »

...dubious family and residency ties to his district. "A voter card is the most valuable thing in this area," he says. It makes sure that holders get at least a share of what they're entitled to: not just a vote but also access to rural employment schemes, monsoon relief, health clinics...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

...Conflict Studies in New Delhi. "It's not a source of strength." From terrorism to rural development to its troubled relationships with its neighbors, almost every challenge that India faces is played out in some way along the border. But instead of resolving them, it only throws them into relief. "Fencing can't stop anything," says Adilur Khan, head of a Bangladeshi human-rights group called Odhikar. "It's kind of building the Berlin Wall again...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

...really does matter how the money is spent. But actually, we had that debate in November, and Obama won. This crisis is an ideal opportunity for him to start keeping his campaign promises: providing tax relief and health security to ordinary Americans, restoring our economic competitiveness and reducing our dependence on environmentally disastrous fossil fuels, which increases the power of our enemies. It's hard to imagine when he'll have a better opportunity. Nothing in the historical record suggests that when Congress has more time to deliberate--and more time to confer with special-interest lobbyists and local-interest...

Author: /time Magazine | Title: How to Spend the Stimulus | 2/5/2009 | See Source »

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