Bailout Blogging

The GAO has just released an initial report on how the Treasury Department is handling the $700 billion TARP program. As you might expect, things are a bit rough around the edges, to put it politely. For example, Treasury has not yet decided whether it will make participating banks report back on how they are using the bailout monies. Zachary Roth is blogging the report at TPMmuckraker.