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WATCHDOGS TODAY: Despite three TARP bailouts, Treasury never made GMAC show a recovery plan, IG reports

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Treasury Department officials never required General Motors Acceptance Corp. executives to lay out a plan for fixing the problems that led to their company having to be rescued by taxpayers three times through the Troubled Asset Relief Program, according to a special investigator's report made public today. The report also said Treasury officials used TARP funds intended for helping the U.S....

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