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Asking this question which is how is it app example. what would you have done? what would you have done with whose thought? i will channel tim geithner. neil barofsky, pony up. i don t think they re bad people. it resulted in the big banks essentially dictated the terms of their own bailout but as to that it s kind of comical, the famed defense. the answer to that, it s sort of funny. i made dozens of recommendations while i was at sig t.a.r.p. addressing these issues. really, almost countless recommendations to improve and make that program better that ....
Helping 1.5 to 2 million people, half of the obama administration s target. he s saying that it set meaningless and unclear goals and believes the program will fall short of its goals and says the implementation was mismanaged because it put people in trial modifications so it can never move forward. now there are a lot of people at risk of redefaulting on the mortgage so they will still lose their homes. through february, 169,000 perm nept modifications have been done. 1.3 million people put in the trial modification that s may go nowhere. and the treasury says 40% are expected to redefault because the program according to the sig tarp it will not follow into the borrower debt ....
20 minutes to the top of the hour. time for minding your business. stephanie elam in for christine romans, wednesday isn t wednesday unless you can say the word sig tarp. inspector general who is talking about whether or not any of this foreclosure help is having any impact. it s like the silicon valley days. let s look at the $75 billion plan that was supposed to help people through the modification program for the moer cloforeclo ....
it s a mismanaged program. you need clarity about what the program is trying to do, make sure the servicers are allowed to find different ways of looking at all of the documentation of the people to make sure they have the right information verification there. also they need to work to minimize the rea defaults. all of that will spread out the mortgage crisis and so something needs to be done so the people can get out of the pain and move forward here. treasury saying it shouldn t be based upon their success should not be based upon permanent modifications. obviously there s issues. thanks for the sig tarp. he has a lot to complain about? and he s letting people know it. many of the survivors of january s huge earthquake in haiti had to have legs a.m. pu ....