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Bailout Oversight Panel Recommends Eight Changes to Avoid Future Crises

by James Parks, Jan 29, 2009

The congressional oversight committee examining how the U.S. Treasury Department is spending taxpayer money in the Troubled Assets Relief Program (TARP) to help bailout the financial system says the nation needs smart regulation to help prevent another financial crisis and protect our economic future.

The Congressional Oversight Panel (COP) released a report today, which discusses how regulation would have helped avert the financial crisis and how it can help avoid future troubles.

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