Bailed Out Banks: “Money Is Fungible” So Don’t Ask What We’re Doing With It | Talking Points Memo

Here’s a bit more detail, from page 25 of the GAO report, on what seems like the Treasury’s utter aversion to requiring banks to offer any information whatsoever on what they’re doing with the billions of dollars of taxpayer money they’re getting.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=172795