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TARP team honored as a Sammies finalist

Under enormous pressure, with little time to spare and no playbook to follow, the Treasury Department's newly created Office of Financial Stability (OFS) had to recruit highly qualified staff to administer TARP, build an operation from scratch, negotiate complex agreements to provide hundreds of billions of dollars, and ensure that their decisions were done according to the strict letter of the law and with strong fiscal controls. Timothy Massad, chief counsel, explains how they pulled that off.

Tags: Federal Drive , SAMMIES Tracker , Service to America Medals , Sammies 2010 , Treasury , TARP , Office of Financial Stability

Monday - 06/28/2010, 10:40am EDT
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