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IPFS News Link • Economy - Economics USA

Auditors fault Treasury lack of oversight of bailout funds

12-3-2008 • AP

The Treasury Department has no mechanism in place to track how institutions are using $150 billion in taxpayer money that the government injected into the banking system as of last month, the Government Accountability Office concluded.

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Reported By Powell Gammill

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Auditors fault Treasury lack of oversight of bailout funds

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