http://www.washingtonpost.com/wp-dyn/content/article/2008/11/12/AR2008111202846_pf.html

"It's a mess," said Eric M. Thorson, the Treasury Department's
inspector general, who has been working to oversee the bailout program
until the newly created position of special inspector general is
filled. "I don't think anyone understands right now how we're going to
do proper oversight of this thing."

In approving the rescue package, lawmakers trumpeted provisions in the
legislation that established layers of independent scrutiny, including
a special inspector general to be nominated by the White House and a
congressional oversight panel to be named by lawmakers themselves.

Some lawmakers and their aides fear that political squabbling on
Capitol Hill and bureaucratic logjams could delay their work for
months. Meanwhile, the Congressional Budget Office, which also has
some oversight responsibilities, is worried about the difficulty of
hiring people who can understand the intensely complicated financial
work involved.
....
"Considering how taxpayers' money around Washington isn't respected, a
day shouldn't go by without having an inspector general checking on
it," said Sen. Charles E. Grassley (R-Iowa), the ranking member on the
Finance Committee.
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