No surprise there. Bush 43 was an eight-year corporate Xmas morning.
From the link:
The Bush administration overpaid tens of billions of dollars for stocks and other assets in its massive bailout last year of Wall Street banks and financial institutions, a new study by a government watchdog says.
The Congressional Oversight Panel, in a report released Friday, said last year’s overpayments amounted to a taxpayer-financed $78 billion subsidy of the firms.
The findings added to the frustrations of lawmakers already wary of the $700 billion rescue plan, known as the Troubled Asset Relief Program. Congress approved the plan last fall, but members of both parties criticized spending decisions by the Bush administration and former Treasury Secretary Henry Paulson.
Financially ailing insurance giant American International Group, which the Treasury Department deemed to be too big to be allowed to fail, received $40 billion from the Treasury for assets valued at $14.8 billion, the oversight panel found.
David Kirkpatrick 
I feel the stimulus package is in good hands with Timothy Geithner, Treasury Secretary and away from the former Secretary Paulson who basically ripped the American people off with his bad, unquestionable investments with our tax payer money.
http://ourcountryspresident.wordpress.com/2009/02/10/cheated-again-by-the-treasury-department/
Comment by Tom Awtry — February 10, 2009 @ 7:24 am