Ethics

So Much for Transparency

By Ed Brayton

On October 13th, the Interim Assistant Secretary for Financial Stability at the Treasury Department, gave a talk to the Institute of International Bankers. Among the many things he said about the new $700 billion bailout plan was this:

Consistent with Congress' intent, we are committed to transparency and oversight in all aspects of the program and have already taken several important steps in this area...

Full post as published by Dispatches from the Culture Wars on October 28, 2008 (boomark / email).