Treasury Dept Lets the American Public Down Once Again

Loophole in government program to buy toxic securities could cost taxpayers

Without safeguards, traders in the $40-billion program could use inside information to profit — and any losses would be largely borne by taxpayers.

AIG Bonuses

By Ralph Vartabedian

latimes.com

http://www.latimes.com/news/nationworld/nation/la-na-toxic-assets14-2009aug14,0,3865656.story

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