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The bailout success story that wasn't: TARP


By Patrick   Follow   Tue, 12 Feb 2013, 11:52am PST   178 views   0 comments   Watch (0)   Share   Quote   Permalink   Like (1)   Dislike  

http://www.marketwatch.com/story/losses-mounting-in-bank-bailouts-2013-02-12

Remember the Troubled Asset Relief Program, better known as TARP? When we last heard from the Treasury Department, on Jan. 23, TARP was being wound down. It was, in the estimation of Timothy Geithner & Co., a success: 93% of the $418 billion disbursed had been collected including $70 billion last year.

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