Foundation for Economic Education » Treasury Paid Too Much for Troubled Assets, Overseer Says

Treasury Paid Too Much for Troubled Assets, Overseer Says

Posted By Sheldon Richman

“The U.S. Treasury Department overpaid by about $78 billion during its first set of transactions under the government’s $700 billion financial bailout, the head of a watchdog panel told lawmakers Thursday.” (Forbes ^[1], Friday)

Close enough for government work.

FEE Timely Classic

“The Fed Didn’t Bail Out Wall Street? It Just Ain’t So!” ^[2] by Robert Murphy

Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/treasury-paid-too-much-for-troubled-assets-overseer-says/

URLs in this post:

[1] Forbes: http://www.forbes.com/feeds/reuters/2009/02/05/2009-02-05T162707Z_01_WEN3973_RTRIDST_0_TARP-SENATE-WARREN-URGENT.html

[2] “The Fed Didn’t Bail Out Wall Street? It Just Ain’t So!”: http://www.thefreemanonline.org/departments/the-fed-didnt-bail-out-wall-street-it-just-aint-so/

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