WASHINGTON (AP) -- The government has selected two major accounting firms to help it manage the $700 billion rescue program for the financial system.
The Treasury Department said Tuesday it had chosen PricewaterhouseCoopers to be the auditor for the program.
Ernst & Young will provide general accounting support.
The two firms will work on the part of the rescue program that is handling the purchase of troubled assets from banks as a way of encouraging them to resume more normal lending.
5727 Tokay Blvd., Madison, WI 53719
News Tips: 608-273-2727 or email@example.com