BUSINESS
03/08/2009 05:12 am ET | Updated May 25, 2011

AIG, Citi Deals Gave U.S. Treasury Least Value, Says Watchdog Panel

The U.S. Treasury Department bank bailout program received the least value from its investments in the most troubled surviving institutions -- American International Group and Citigroup, a new report from a watchdog panel showed on Friday.

The Congressional Oversight Panel report said the Treasury overpaid financial institutions by about $78 billion in its capital injections last year through the Troubled Asset Relief Program.

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