It has been said by many on here that there is no Oversight on the money Congress approved to bail out banks. If this is true, what the hell is the Congressional Overight Comittee doing asking the Fed questions?
http://www.ustreas.gov/press/releases/reports/123108%20cop%20response.pdf
http://www.ustreas.gov/press/releases/reports/123108%20cop%20response.pdf