The government must toughen its monitoring of the $700 billion financial bailout to ensure that banking institutions limit their top executives' pay and comply with other restrictions, federal auditors said Tuesday in the first comprehensive review of the rescue package. ...more

December 2, 2008

Federal auditors have concluded the Rev. Al Sharpton's 2004 campaign owes the government nearly $500,000 for illegal donations and other financial improprieties. Sharpton has been feuding with the Federal Election Commission for years over his accounting in his failed run for president, for which he received $100,000 in so-called government matching funds that authorities later concluded he did not deserve because he hadn't followed campaign laws. ...more

November 16, 2008