After all the flak he’s taken, Treasury Secretary Timothy Geithner must be happy after the bailout watchdog said the government’s $700 billion bailout helped avert economic disaster. However, it wasn’t all roses for Geithner, as the watchdog panel also said that the program has failed to meet many of the targets that Congress set. "Congress set goals for (the bailouts) that went well beyond short-term financial stability, and by that measure problems remain," said panel chair and Harvard Law school professor Elizabeth Warren. Among the problem? Limited credit, continued bank failures, weakness at some large banks, unemployment, foreclosures, and the banking system's continued reliance on government support. The panel also called on the Treasury, as it has every month since December, to makes its actions more transparent.