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The bailout success story that wasn't: TARP

By Patrick   2013 Feb 12, 11:52am   269 views   0 comments   watch (0)   quote

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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