When Comptroller General Lindsay C. Warren opened the RFC's books last fall for a routine audit, he threw up his hands in dismay. Things were in such a mess, he later told Congressmen, that no one could tell for sure how much money the huge lending agency had on hand, where its money was invested, how much it had coming in, or how much it owed. Last week, after a sharp rebuke from the House Committee on Expenditures in the Executive Departments, which upheld Lindsay Warren, the agency finally got started on the job of setting its records straight.
The...
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