...but not that surprising. Still the worst. Gah.
A government watchdog says federal officials weren't entirely honest with the public about the health of the first 9 financial firms that got federal bailouts, according to a report released Monday.
Bailout special inspector general Neil Barofsky says in an audit that Treasury Department officials painted an overly rosy picture, creating "unrealistic expectations," when they called the first bailout banks "healthy" institutions that would be able to lend more with government help.
I found this user's comment to be worth including...
This article does not do a good job of explaining that the false assesments duscussed in this story took place last year, 14 October 2008. This was after Bush requested just enough bailout money to try to hold over the banks until the election. Then 2 weeks before the election they lied and said the banks were fine now. This is a classic example of how the Bush administration had officials lie to the American people in order to try to sway their opinions and vote based on these lies.Jeff Tessier7:25 am
An audiobook version of Barack Obama's book, Dreams From My Father, read by... himself leads to... some seriously amusing audio clips:


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