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FDIC ex-chairman found misusing agency funds on trips and items
A GAO report for the Senate Banking Committee accuses former FDIC chairman Robert E. Barnett of using agency funds for trips to Puerto Rico Manila and Mexico City and for meals cars and furniture. The probe cites luxury spending and improper use of FDIC resources plus personal items taken when leaving office.
MENTIONED IN THIS ARTICLE
Washington
Federal Deposit Insurance Corporation
Federal Agency
General Accounting Office
Senate Banking Committee
William Proxmire Proxmire
D-Wis
FDIC
Federal
The
Washington Star
Pederal Nome Loan Bank Board
Proxmire
Office of
the Comptroller of the Currency
Farouk
Potomac
GAO
Robert E. Barnet
Barnett
Puerto Rico
Manila
Mexico City
GAQ
Edward F. Phelps
Kelps
Ayal Barnett
George A. LeMaistre
Froxmire