Posted AT 8:03 AM EST on 09/01/09
U.S. Treasury taken to task over bailout money
WASHINGTON — The head of a U.S. congressional panel overseeing the $700-billion (U.S.) bailout program said Friday that lawmakers need to “take a very hard look” at how banks have used the money.
“I'm shocked that we have to ask these questions,” said Harvard law professor Elizabeth Warren, “but what I will say is that I'm not giving up on this.
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