The 700-billion-dollar US government effort to rescue the financial system has failed to meet key goals such as sparking lending and curbing risky activities by banks, a special auditor said Sunday.
The special inspector general for the Troubled Asset Relief Program said in a report to Congress that it is too soon to measure the overall [...]
Posts Tagged ‘auditor’
US economic rescue failing to meet key goals:auditor
January 31st, 2010 by Financial Writer
Tags: auditor, banks, financial crisis, financial system, lending, us businesses, us economic, us government
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