The Bush administration came under criticism for a lack of transparency and accountability in spending the first half of the TARP funds.

CNN: Analysts: Next bailout will be a tougher sell

The audit report, commissioned by the council after complaints, said there was a "lack of transparency and accountability" during the selling process.

BBC: Criticism over ?240,000 sale of Windlestone Hall

The lack of transparency and accountability surrounding compensation continually confounds working women.

CNN: A step backward for fair pay

Mahathir has always argued that Asia's economic troubles were caused by fickle international investors (or, as he called them recently, "funnymentals, intelligent humans behaving like silly animals in a herd"), not a lack of financial transparency and accountability and certainly not because of a lack of democracy.

CNN: DEMOCRACY CALLS

Although it will be the world's most independent central bank, its lack of proper accountability and transparency could undermine its credibility with the public (see article).

ECONOMIST: Europe swerves left | The

Incredibly, it bears all the hallmarks of subprime with respect to a lack of transparency, a systematic failure to disclose and an utter absence of due diligence, good governance and accountability.

CENTERFORSECURITYPOLICY: Into the fire