We Feel Much Better Now About All That Money

by
Abby Zimet

In a six-month report, the Congressional Oversight Panel overseeing the use of $700 billion in TARP bailout funds says results of the program are "mixed." The panel, headed by Harvard Law Professor Elizabeth
Warren, suggests that firing executives and liquidating banks might work better, Treasury forecasts might be unrealistically rosy, and efforts toward transparency have "a long way to go."

 

 

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