Congressional Watchdog Criticizes Treasury for Failing to Track $350 Billion in Bank Bailout Money
Jan 12th, 2009 | By William Patalon III | Category: Financial NewsThe U.S. Treasury Department has done nothing to make sure $700 billion in taxpayer-provided bailout money is used to buttress the weak U.S. mortgage market, which was the catalyst for the growing global financial crisis, congressional watchdog Elizabeth Warren said Friday.