Tracking Bailout Funds

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By Barry Ritholtz - January 10th, 2009, 9:14AM

This isn’t rocket science. This isn’t some strange thing we’re asking for. If you’re gonna take that much money from American taxpayers, you’ve gotta have the banks tell what they’re going to do with it. We have to have some way of telling if its working. and if you don’t have accountability, if you don’t have metrics in place, you’re really just kind of handing it out there and hoping for the best.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Tracking Bailout Funds”

  1. a guy called john Says:

    I’m a big fan of Elizabeth Warren from when I first saw her in the Maxxed Out documentary. I’m glad she’s there to ask the questions, but what if the money going into banks via TARP is being used to keep them solvent? Can we handle the truth?

  2. quasigovy Says:

    Bingo John. You nailed it.

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