Department pays $91K in ‘ineligible fees’ 


WHO: Treasury Department Office of Financial Stability

WHAT: The 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: The OFS should have known the fees were ineligible because they were specifically disallowed under the contract with the law firm.

WHERE TO VENT: Call the Office of Financial Stability at (202) 622-2000.

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