Capital Investment Program  

Posted by Mr. Ellsworth Toohey

Congress is not happy with the way banks are using the money from TARP.

"We gave them money for one thing and then they used it for another," said Rep. David Scott, a member of the House of Representatives Financial Services Committee, during a hearing that stretched over five hours and turned contentious at times as lawmakers questioned officials' sensitivity to the needs of average Americans.

This entry was posted on Wednesday, December 10, 2008 at Wednesday, December 10, 2008 . You can follow any responses to this entry through the comments feed .

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