WSJ highlights potential for fraud, taxpayer scamming in PPIP
Photo via flickr user Downing Street The same day I wrote about the potential for gaming and fraud in the bailout’s Public-Private Investment Program in my TomDispatch piece “The Greatest Swindle Ever Sold” one of the largest business newspapers in the country highlighted the same problem. Here are the highlights from a story in today’s Wall Street Journal: Some banks are prodding the government to let them use public money to help buy troubled assets... Read More
