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Friday, January 9, 2009

Government has no idea what banks are using bailout $ for

A congressional panel overseeing the $700 billion bailout program says "it has no idea" what banks are doing with the money lawmakers approved last fall to stave off a looming financial crisis. - FOX News

Well there you go. I thought the big thing with this bailout was Transparency and Oversight?

Well I am sure that they have fixed it with the bailout money for the Automakers.

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