Treasury Paid Too Much for Troubled Assets, Overseer Says

“The U.S. Treasury Department overpaid by about $78 billion during its first set of transactions under the government’s $700 billion financial bailout, the head of a watchdog panel told lawmakers Thursday.” (Forbes, Friday)



Close enough for government work.



FEE Timely Classic

“The Fed Didn’t Bail Out Wall Street? It Just Ain’t So!” by Robert Murphy