Bailout Czar's Secret? Copy. Paste. Repeat. (Treasury Rpt on Bailout Borrowed from Previous Docs)

[sabra]

Source: ABC News

Much of Treasury Report On Bailout Billions Borrowed From Previous Documents, Committee Says

Cut-and-pasted reports were once the domain of high school cheats cutting corners on their term papers. Now it's apparently being done by senior government officials tasked with saving the country from another Great Depression.

Rather than write original answers to questions posed in December by a congressional oversight panel, U.S. Treasury officials appear to have creatively repurposed old testimony and even Web site copy into a 13-page report that left some questions entirely unanswered, the panel said in a new report Friday.

"The Panel is concerned that Treasury's initial response to our questions is not comprehensive and seems largely derived from earlier Treasury public statements," wrote the committee in a highly critical report released Friday morning. The panel's questions were aimed at where the bailout billions were going, and how the massive cash infusions to corporations were helping U.S. taxpayers.

A Treasury spokesperson declined to comment on the report, saying she could not comment on a report she had not seen. She did not accept an offer to review a copy obtained by ABCNews.com.

Read more: http://abcnews.go.com/Blotter/story?id=6607858&page=1

[Jennicut]

1. OMG, is there not one adult in that administration? 11 more days.