In Cut and Paste Job, Treasury Admits It Still Doesn’t Know What Banks Are Doing With Bailout Money
Posted in Main Blog (All Posts) on January 1st, 2009 5:36 am by HL
In Cut and Paste Job, Treasury Admits It Still Doesn’t Know What Banks Are Doing With Bailout Money
Earlier this month, as we noted at the time, the congressional oversight panel for the financial bailout released a report on how the Treasury is spending the $700 billion in taxpayer money Congress gave them. In its report, the panel,…
Former FDIC Chair, Now Advising Paulson, Is Looking To Profit From Bailout
The New York Times reports that several former government officials who helped organize the savings and loan bailout of the early 1990s are now putting that expertise to use by working as lawyers or lobbyists helping banks get a piece…
The Daily Muck
The Federal Election Commission has deadlocked on a recommendation by its counsel to fine a group for illegal spending practices in the 2004 presidential election. The commission’s 3 GOP members all voted against penalizing the U.S. Chamber of Commerce for…