Bailout data may go online - Business Center - PC World

One year after the Wall Street meltdown, Congress is considering a bill that would build a massive database to track bailout funds.

As envisioned, the database will collect information from some two dozen federal agencies that administer various aspects of the $700 billion in the federal Troubled Assets Relief Program (TARP). That money has been used to bail out banks and other financial institutions, including American International Group Inc., which laid off tech workers while it paid bonuses ...