Barack Obama expressed disappointment on Sunday with the Bush administration’s handling of the first $350bn tranche of the financial sector bail out and pledged greater support for struggling homeowners once he takes charge of it.
His promise to overhaul the Troubled Asset Relief Programme (Tarp) came a day after the president-elect again expanded the goals of his proposed fiscal stimulus, which he now says could create or save up to 4m jobs over the next two years.
