Cuban Plays Bailout Detective

Mark Cuban his putting his money where his mouth is. After offering up $50 million of his own money to to buy into a fund created by the treasury comprised of all the assets and related items from the bailout, Cuban's hot on the trail of the U.S. government with BailoutSleuth.com to see if, in fact, we're really doing anything different from what we did to get ourselves into this financial mess. As it turns out, argues Cuban, we're really not (what a surprise!).

For example, the U.S. government has awarded its first contract after the bailout to Bank of New York Mellon Corp., and instead of opting for transparency (which would be ideal given that the lack of it created the crisis in the first place) and revealing how much they're paying the private corporation to manage the bailout transactions, they've blacked out all of the information pertaining to payment. So much for learning from your mistakes!