2/1/2010

Civil and criminal inquiries into misconduct in connection with the Troubled Asset Relief Program surged 41% in the fourth quarter, said Neil Barofsky, the program's special inspector general. Offices are being opened in New York, Los Angeles and San Francisco to support the investigations, he said in a report to Congress. Barofsky said his office will look into accusations that bank executives and their associates engaged in insider trading based on nonpublic TARP information.

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