A new COP report mostly praises the Treasury's management of companies it hired to run bailout...

|By:, SA News Editor

A new COP report mostly praises the Treasury's management of companies it hired to run bailout programs, but its decision to hire Fannie and Freddie was questionable at best, and may have increased taxpayer losses. The Treasury hired the two mortgage giants despite a history of misreporting key data and missing important deadlines.