Meh Culpa


TPM reports that the Treasury’s Office of Financial Security may not track how banks (and other institutions, such as AIG) end up using their bailout funds. This, per page 15 of the General Accounting Office’s report.  Even without the once-blocked appointment of Neil Barofsky as Special Inspector General for TARP, this would look like a killer laissez-faire-ish deal for Banks and Friends.

You can come out now, Senator Bunning. (j/k)


December 4, 2008 - Posted by | bailout(s), Bush administration, Economy, politics, Senate, Uncategorized | , ,

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