Elizabeth Warren pursues Oversight, through TARP Maze
Submitted by jamess on April 13, 2009 - 10:53originally posted 2009-04-12 21:29:02 -0500, bumped by carol
Elizabeth Warren was appointed chair of a newly created Congressional Oversight Panel (COP), which is charged with keeping tabs on the $700 billion bailout of the financial sector - including Troubled Assets Relief Program (TARP).
Warren however, has had some "Trouble" getting straight forward answers ... as she explained to the Boston Globe:
By Elizabeth Warren -- April 12, 2009
Elizabeth Warren: There's a major problem and a minor problem. The minor problem is documentation. I've spent four weeks now looking for someone who can give me the details of the stress test so that we can do an independent evaluation of whether the stress test is any good.
We get: "someone will call [you] right back." Only the call doesn't come. The major problem is ...