The Daily Outrage: They put lawyers on the honor system?!

Published



Who: Treasury Department Office of Financial Stability What: OFS paid “$91,482 in ineligible fees and expenses” to a law firm working on issues related to the Troubled Asset Relief Program, according to the special inspector general for TARP.

Why it’s an outrage: OFS should have known the fees were ineligible because they were specifically disallowed under the contract with the law firm.

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