Word: specializing
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Dates: during 2000-2009
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Americans always knew the Troubled Asset Relief Program (TARP) was going to be expensive. But the program's special inspector general, Neil Barofsky, thinks the U.S. government has bitten off more than it bargained for: on July 20, his office released a report estimating the $700 billion effort to shore up the nation's wobbly banking system could end up costing taxpayers as much as $23.7 trillion, due to estimates for programs offered by the FDIC, federal money for Fannie Mae, Freddie Mac and other institutions on top of $7.4 trillion in TARP and other Treasury aid. A spokesperson...
...Tapped as TARP special inspector general by President George W. Bush in November 2008, even though he is reportedly a Democrat...
...trillions of dollars going out the door without anyone keeping tabs on it." - In an April 2009 interview, noting that his goal as special inspector general was to inform the public that the government bailout programs were not a "black hole." (CNNMoney.com, April...
...child-molestation trials and other scandals or soft-pedaled his history after his death. But certainly in death, Jackson served the media the way he did in life: as a limitless draw for audiences. (And yes, I know I write this in a magazine that rushed out a special commemorative issue the weekend after Jackson died...
...TIME's special report on paying for college...