US Could Lose $2B In TARP, Warns Oversight Panel

The Hill:

The government could lose out on more than $2 billion if federal officials continue to undervalue part of the financial bailout package, a government watchdog panel will say on Friday.

The Congressional Oversight Panel, working with a team of Harvard Business School professors, estimated that taxpayers had lost one-third of the value of the very small number of warrants that had already been sold by the Treasury Department.

Read the whole story: The Hill