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Real Estate & Property Law

: Housing Wire

Treasury Finds it ?Difficult? to Monitor Bailout Funds

By KELLY CURRAN

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The Treasury Department has allocated $162 billion to buy stakes in 208 institutions since implementing a capital purchase program on October 14.  Precisely how are those dollars being implemented within each institution? Well, the government doesn’t exactly know. The Treasury said Wednesday that it’s challenging for government officials to track the use of funds given [...]

Full post as published by Housing Wire on January 02, 2009 (boomark / email).

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