WASHINGTON Although hundreds of well-trained eyes are watching over the $700 billion that Congress last year decided to spend bailing out the nation's financial sector, it's still difficult to answer some of the most basic questions about where the money went.
Despite a new oversight panel, a new special inspector general, the existing Government Accountability Office and eight other inspectors general, those charged with minding the store say they don't have all the weapons they need. Ten months into the Troubled Asset Relief Program, some members of Congress say that some oversight of bailout dollars has been so lacking that it's essentially worthless.
Where did that bank bailout go? Watchdogs aren't entirely sure - Yahoo! News
now to rub salt into the wounds:
U.S. banks to make $38 billion from overdraft fees: report
(Reuters) Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year, the Financial Times said, citing research by Moebs Services.
U.S. banks to make $38 billion from overdraft fees: report - Yahoo! News
Despite a new oversight panel, a new special inspector general, the existing Government Accountability Office and eight other inspectors general, those charged with minding the store say they don't have all the weapons they need. Ten months into the Troubled Asset Relief Program, some members of Congress say that some oversight of bailout dollars has been so lacking that it's essentially worthless.
Where did that bank bailout go? Watchdogs aren't entirely sure - Yahoo! News
now to rub salt into the wounds:
U.S. banks to make $38 billion from overdraft fees: report
(Reuters) Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year, the Financial Times said, citing research by Moebs Services.
U.S. banks to make $38 billion from overdraft fees: report - Yahoo! News
