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Treasury Department loan guarantees

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Oversight Panel: Loan Guarantees Created Major Risk

Bailoutsleuth | Fri, 11/06/2009 - 2:30pm | Congressional Oversight report, credit crisis, credit crunch, federal bailout, stabilizing credit market, taxpayer risk, Treasury Department loan guarantees |  2 comments

Several of the federal bailout programs will make a profit, but the effort has also exposed taxpayers to enormous risk and created a moral hazard for investors, according to a new congressional report. The Congressional Oversight Panel said the Treasury Department's expanded efforts to guarantee loa ... Read more