Wondering how the TARP bailout program is going? Well, Fed Chairman Ben Bernanke
, FDIC Chairman Sheila Bair
, and Treasury Secretary Henry Paulson
are testifying on the subject right now before the House Committee on Financial Services. The name of this hearing
is somewhat weighty: "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability."
You can read Bernanke's
testimony is available here