E-mail to Congress:
EIN News says, "Bailout Overseer Says U.S. Banks Misused TARP Funds. Many of the banks that got federal aid to support increased lending have instead used some of the money to make investments, repay debts or buy other banks, according to a new report from the special inspector general overseeing the government's financial rescue program. (washingtonpost.com)".
This sounds like illegal operations. If such spending is legal, you folks didn't do your job right. If your phrasing of the laws/regulations did not allow such operation, what are you doing now to enforce the law? If these loopholes were created by operations of the Administration, why didn't you or why will you not now do something about it?
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