4 of 21
BACKNEXT
Stimulus reporting "oops"
 Stimulus reporting
The Obama administration promised transparency in the reporting of stimulus jobs created, but the actual number is still clear as mud.

The White House turned over reporting and data collection to stimulus recipients and the Recovery Board, an independent government agency. That didn't work out so well: Many recipients were confused about how to report and 10% didn't bother. Many also claimed the money was earmarked for non-existent congressional districts, while others wildly overestimated the number of jobs created.

The Recovery Board also made a whopper of a decimal goof on its Web site, stating that Sanofi Pasteur topped its biggest stimulus contract list with $1.4 billion, when in fact the French drugmaker received 1/100th of that, or $10.4 million.

By David Goldman, CNNMoney.com staff writer

NEXT: U.S. debt is 'safe.' Seriously. Stop laughing

Last updated December 31 2009: 1:41 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
5 biggest share buybacks of 2014 Stock repurchases are booming. These five companies are ready to spend over $79 billion on buybacks. More
10 horrifying corporate mascots McDonald's Happy is part of a long lineage of creatures great and small that shill for products and mortify consumers. Mr. Mucus, anyone? More
5 best cities to launch a career The top spots in the U.S. for new grads to land a job -- and actually enjoy life -- according to financial site WalletHub. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.