4/23/2009

The Congressional Oversight Panel showed some backbone as it questioned Treasury Secretary Timothy Geithner on bank rescue plans, Darrell Delamaide writes in a MarketWatch commentary. Elizabeth Warren, the Harvard professor who chairs the panel, is asking tough questions of Geithner and other officials who have been elusive when pressed for specifics on the programs.
Neil Barofsky, the special inspector general for the Troubled Asset Relief Program, has been even more problematic for the administration because he has subpoena power, Delamaide observed.

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