For Immediate Release
Lifting the TARP: Is a Reconstruction Finance Corporation a Better Way to Restore the Banking System?
Demos Hosts April 8, 2009, Conference on Economic Recovery in DC
WASHINGTON - It's time to look under the
TARP, and answer some big questions about whether the current approach will get
the credit markets flowing and restore the
banking system to serving the needs of consumers and business.
Washington D.C. that will feature prominent critics of the TARP and advocates of
a public corporation to take over failed banks modeled on Franklin Roosevelt's
Reconstruction Finance Corporation.
mainly enrich investors at taxpayer expense?
Economic Recovery Advisory Board
of The American Prospect
of the Congressional Oversight Panel on the TARP
Research; former legal and research officer, Federal Reserve Bank of Cleveland
the press, please direct inquries to Tim Rusch/Demos, firstname.lastname@example.org or (212) 389-1407.
A multi-issue national organization, Demos combines research, policy development, and advocacy to influence public debates and catalyze change. We publish books, reports, and briefing papers that illuminate critical problems and advance innovative solutions; work at both the national and state level with advocates and policymakers to promote reforms; help to build the capacity and skills of key progressive constituencies; project our values into the media by promoting Demos Fellows and staff in print, broadcast, and Internet venues; and host public events that showcase new ideas and leading progressive voices.