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 4th, 2009 5:34 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,…
Report: SEC Probing Other Madoff-Style Ponzi Schemes
Was Madoff just the tip of the iceberg? The SEC is investigating at least one case in which investors may have been cheated out of as much as $1 billion, by money managers using tactics similar to those alleged to…
