| Treasury's Geithner promises more transparency in future payments from the Troubled Asset Relief Program. "I completely agree that the American people deserve to see much higher standards for transparency and acountability in the use of these resources," Geithner tells House committee. Tsy will publish precise terms of lending, and will require extensive reporting on how resources are going to be used, what its going to do to lending capacity and what's actually happening to lending. Tsy has also proposed "strong conditions" on compensation and dividends. |
Tuesday, March 24, 2009
Treasury's Geithner promises
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment