Tracking The $700 Dollar Bailout

December 26, 2008 1 Comment

As they saying goes, “a picture is worth a thousand words”. If your curious where the bailout money has gone, take a look below. (Click on the image for larger size)

Image Introduction (Via Simple Complexity)

The Treasury Department’s $700 billion buttress to the financial system was expected to enable banks to make more loans to companies and consumers.

In a report released on Thursday, the Government Accountability Office urged the Treasury to increase its oversight of the program, as banks are not currently required to report on their use of government dollars.

Click on the image to take a closer look at an infographic approach to the issue of accountability for the money handed out in the bailout.

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