TARP Watchdog Says Treasury Lacking Bank Data

Silla Brush, The Hill: "The top watchdog over the financial bailout package said the Treasury Department is rejecting 'common sense' by not requiring banks receiving billions of dollars in government money to say how they are using the money. In a report to be released on Monday, Neil Barofsky said banks that have received money from the $700 billion bailout package passed last year are able to indicate how they are using taxpayer money and that Treasury should require banks to be more transparent."

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