Friday, October 15, 2010

Examiner Editorial: Treasury's handling of TARP: Sloppy and secret | Washington Examiner

Examiner Editorial: Treasury's handling of TARP: Sloppy and secret | Washington Examiner:

Praise for Congress has been rare on these pages, but we have nothing but good things to say about the Congressional Oversight Panel report that found a disturbing lack of transparency and accountability in the $700 billion Troubled Asset Relief Program. Chaired by Sen. Ted Kaufman, D-Del., COP was tasked by Congress to keep track of how the U.S. Treasury Department managed TARP. The new report points to two major flaws that raise troubling questions about the managerial competence of Treasury Secretary Timothy Geithner."

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