The U.S. Ministry of Finance has likened convicted fraudster Bernard Madoff for the manner in which erfused containing detailed information about its dependence on the financial company, through its $ 700bn Troubled Assets Relief Program, or the full extent of financial participation in securing the economy as a whole.
The criticism came just a day after Neil Barofsky, the TARP Special Inspector General, the Treasury estimates of exposure to programs that deal with the financial crisis could win up to $ 23.7 trillion.
Congressman Darrel Issa, said that the way in which the Ministry of Finance continues to refuse to regular and detailed information about the value of their investment in financial assets, firms like Madoff was reassuring investors on its Ponzi sheme.