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MrBankRoll

03/19/09 11:31 PM

#756 RE: Investorman #753

13 firms receiving federal bailout owe back taxes

WASHINGTON – At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday. Rep. John Lewis, D-Ga., chairman of a House subcommittee overseeing the federal bailout, said two firms owe more than $100 million apiece. "This is shameful. It is a disgrace," said Lewis. "We are going to get to the bottom of what is going on here."


http://news.yahoo.com/s/ap/20090320/ap_on_go_co/bailout_delinquent_taxes