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Tuesday, June 18, 2024

Treasury Overpaid for Bank Assets in Bailout, Oversight Panel Says

The Bush administration received assets that were worth $78 billion less than the amount it invested as part of the massive infusion of capital into the country's banks, congressional investigators have found.

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The Bush administration received assets that were worth $78 billion less than the amount it invested as part of the massive infusion of capital into the country’s banks, congressional investigators have found.