Britain's 'TARP': Taxpayers Locked in to Potential Upside [View article]
The British plan is so much better than TARP. A quick, instant injection of capital that allows for the taxpayer the potential for upside. TARP has taken long enough to pass, and now, while the Treasury has to figure out on a CASE BY CASE basis how much to pay for EACH toxic asset, it's taking way too long for the money to get where it's needed.
Britain's 'TARP': Taxpayers Locked in to Potential Upside [View article]