$700B TARP has been reduced to just $82B. That's not much ammo to heal automakers, recapitalize...

|By:, SA News Editor

$700B TARP has been reduced to just $82B. That's not much ammo to heal automakers, recapitalize major financial institutions, and deal with other unwelcome surprises - and will likely force the rescuers (Fed, Treasury, FDIC) to resort to the ad-hoc approach that defined the early stage of the crisis.