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160
Points

Tarp

In terms of the remaining  $350 billion  dollar tarp funds, it is imperative that congress stipulates the terms and condtions concerning the  distirbutiuon of said funds. Specifically, detailed restrictions on executive compensation  and  taxpapapers must receive  an ROI equivalent to deal that Warren Buffet achieved with GE.
1 Comment  »  Posted by boxjo to Economy on 1/12/2009 10:34 AM

Comments

 
Doug
1/12/2009 10:42 AM
How are we managing the distribution of these funds so we know exactly where the funds are going?  I have heard there is no tracking mechanism.  I think we need one if one does not exist.  You would have been better served giving that money back to tax payers if it's use is not being tracked once distributed.
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