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Additional existing contracts will be posted on a rolling basis. Future transactions will be posted on the agency's Web site within five to 10 business days of signing. Confidential and proprietary information will be redacted. Treasury Secretary Timothy Geithner Wednesday also met with individuals charged with oversight of the department's programs. Participants included Gene Dodaro, acting comptroller general of the Government Accountability Office; Neil Barofsky, special inspector general of the Troubled Asset Relief Program; as well as congressional oversight panel members Elizabeth Warren; Damon Silvers; Richard Neiman; Rep. Jeb Hensarling, R-Texas; and former Sen. John Sununu, R-N.H. The posted contracts cover the programs and institutions listed below and can be found at the link: Bank of America Goldman Sachs Group Inc. Morgan Stanley Citigroup J.P. Morgan Chase & Co. Wells Fargo & Co. Bank of New York Mellon Corp. State Street Corp. Merrill Lynch & Co. Targeted Investment Program: Citigroup Systematically Significant Failing Institutions: American International Group Inc. Automotive Industry Financing Program: General Motors Corp. General Motors Acceptance Corp. Chrysler LLC - Bill McConnell Categories Deal Video
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The Treasury Department posted Wednesday investment contracts it has entered with Citigroup Inc., Bank of America Corp. and some of the country's other largest financial institutions as part of its efforts to increase transparency in federal programs created to shore up the financial system.
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