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GAO: Work needed to correct errors in TARP financial statements

Gary Engel, GAO's director of financial management, says the Treasury Department's Office of Financial Stability, which implements TARP, still needs to establish a mechanism for effective implementation of its review and approval process for preparing its financial statements.

Tags: Gary Engel , GAO , TARP , financial accountability , Federal Drive , Michael OConnell , Treasure Department , financial management

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