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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: one_less who wrote (446917)1/12/2009 2:13:52 PM
From: tejek1 Recommendation  Read Replies (2) | Respond to of 1575465
 
WASHINGTON – Seeking to reassure wary lawmakers, President-elect Barack Obama's top economic adviser told congressional leaders Monday that Obama intends to broaden the goals of the remaining $350 billion financial bailout and impose tougher restrictions and oversight on how the money is spent.

I am utterly amazed but Treasury apparently did little oversight when they distributed the first $350 billion. We don't even know that they developed a list of which recipients received how much money. If true, its astounding that such basics were omitted.