TARP was a big success for the banking industry. Without TARP the DOW would still be probing for a bottom and there would be so many closed banks by now the government would be paralyzed and unable to deal with all the deposits the FDIC would be trying to find a home for.
Foreign troops would be in our streets, instead of on the drawing board as part of UN protocols and all those internment camps Halliburton built in recent years would be filled with refugee bankers and their families seeking protection from angry crowds.
The TARP Deadbeats [View article]
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The TARP Deadbeats [View article]
Foreign troops would be in our streets, instead of on the drawing board as part of UN protocols and all those internment camps Halliburton built in recent years would be filled with refugee bankers and their families seeking protection from angry crowds.
TARP has staved off a lot...so far.