Comments on: U.S. Banks Refuse to Detail How They’re Spending Federal Bailout Money

By: Watchdog Agency Says TARP Overpaid $78 Billion for Bank Assets

Watchdog Agency Says TARP Overpaid $78 Billion for Bank Assets — Wed, 18 Mar 2009 17:08:31 +0000

[...] used the capital to finance investments in other banks and to pay bonuses to executives. Then they audaciously refused to say where the money went, or how it was used, Money Morning has [...]

By: As Stimulus-Package Debate Continues in Congress, New-Look Bank Bailout Plan is Set to Debut This Week

Fri, 20 Feb 2009 20:40:19 +0000

[...] of control allowed banks to use taxpayer-provided TARP money as financing for buyouts. And then the banks refused to detail how they spent the money – and why not? They weren’t required [...]

By: The New Banking Bailout Plan Reconstitutes Some of the Same Ingredients That Touched Off the Financial Crisis

Tue, 17 Feb 2009 21:25:01 +0000

[...] buyouts – instead of increasing lending, as the government intended. Worst of all: Banks themselves refused to detail how the TARP money was being [...]

By: Obama Administration Must Revive "Shadow Financial System" to Revive U.S. Banks

Obama Administration Must Revive "Shadow Financial System" to Revive U.S. Banks — Tue, 10 Feb 2009 15:15:21 +0000

[...] Money Morning Investigative Report on the Bank Bailouts (Part V): U.S. Banks Refuse to Detail How They’re Spending Federal Bailout Money. [...]

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Mon, 09 Feb 2009 18:59:58 +0000

By: Citigroup Lifts Curtain on $36.5 Billion in TARP Money; Will Other Banks Follow?

Citigroup Lifts Curtain on $36.5 Billion in TARP Money; Will Other Banks Follow? — Tue, 03 Feb 2009 15:52:50 +0000

[...] Since receiving TARP money, many U.S. banks have been mum on their plans to spend it, spurring heavy criticism from government officials, investors and the media, including Money Morning’s investigative series on TARP transparency. [...]

By: Obama’s New Stimulus Plan May Be the Needle That Pops the Treasury-Bond Bubble

Obama’s New Stimulus Plan May Be the Needle That Pops the Treasury-Bond Bubble — Wed, 28 Jan 2009 09:31:03 +0000

[...] Money Morning Investigative Report on the Bank Bailouts (Part V): U.S. Banks Refuse to Detail How They’re Spending Federal Bailout Money. [...]

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Wed, 21 Jan 2009 15:09:52 +0000

[...] The Obama administration has also pledged to keep stricter tabs on the $700 billion Troubled Assets Relief Program (TARP). The first $350 billion authorized by Congress has all but vaporized at this point. But there is no way to tell what effect the money has had, as the banks that refused capital infusions are refusing to disclose how they spent it. [...]

By: The Obama Blueprint for Solving the U.S. Financial Crisis

The Obama Blueprint for Solving the U.S. Financial Crisis — Wed, 21 Jan 2009 09:31:11 +0000

By: The Global Financial Crisis Will Cost Western Banks a Share of Future China Profits

Thu, 15 Jan 2009 14:32:39 +0000

[...] Money Morning Investigative Report on the Bank Bailouts (Part V): U.S. Banks Refuse to Detail How They’re Spending Federal Bailout Money. [...]