Banks Tight-Lipped About Funds: ; of 21 Institutions, None Gave Details of How It Is Using Billions in Aid From Taxpayers
Charleston Daily Mail › December 23, 2008
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Summary
WASHINGTON - It's something any bank would demand to know before handing out a loan: Where's the money going?
But after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it.See the full content of this document
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Banks Tight-Lipped About Funds: ; of 21 Institutions, None Gave Details of How It Is Using Billions in Aid From Taxpayers
"We've lent some of it. We've not lent some of it. We've not given any accounting of, 'Here's how we're doing it,'" said Thomas Kelly, a spo...
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