Tuesday, March 10, 2009

TARP accountability ?

H.R.384 would require all financial institutions receiving TARP funds to report quarterly on how they are using their funds and whether they have increased their lending. H.R. 384 also prohibits institutions from paying executive bonuses, providing "golden parachutes," purchasing other companies, purchasing corporate airplanes, or paying dividends before their TARP funds are paid back.
Follow its progress to become law: http://www.opencongress.org/bill/111-h384/show

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