Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments

Why Should We Be Surprised? (Treasury Conduct Edition)

Quicklink submitted By       Message Laudyms     Permalink
Related Topic(s): ; ; ; ; , Add Tags

View Ratings | Rate It


Author 2451
The NYT reports that the General Accounting Office is readying to issue a report that will criticize how Treasury has handled its spending under the $700 billion TARP program. The main shortcomings are failure to track how the money is actually being used and inadequate controls to prevent conflicts of interest. Also note that the DOD has been unable to account for trillions of spending, so the Treasury has plenty of company.

Read the rest of the story HERE:

At www.nakedcapitalism.com

- Advertisement -
- Advertisement -