Sunday, November 22nd, 2009

Posts Tagged ‘ MI ’

U.S. Banks Refuse to Detail How They’re Spending Federal Bailout Money

Jan 6th, 2009 | By William Patalon III | Category: Financial News

After receiving hundreds of billions of dollars in taxpayer-funded federal bailout money, the biggest U.S. banks say they can’t track how that money is being spent. Some of the banks are outright refusing to discuss the matter, a new study has found.