Watchdog Says Treasury and Fed Knew Bailed-Out Banks Were Not 'Healthy'
The Treasury Department and the Federal Reserve lied to the American public last fall when they said that the first nine banks to receive government bailout funds were healthy, a government watchdog states in a new report released today. Full Story »
Posted by Michael Bugeja
The Bush administration wasn't transparent and truthful? Stop the presses! A real shocker. Almost as much breaking news as the linked story about allegations of financial bribery in Congress. Who would have ever thought such a thing?