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 2nd, 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,…
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…
In Ironic Twist, Taxpayers May Be On The Hook For Some Madoff Losses, Via AIG
Looks like another victim of the Bernard Madoff mess — albeit a very minor one — is the US taxpayer. In September, as part of its bailout effort, the Treasury Department made an $85 billion loan to insurance giant AIG,…
