Although taken aback by the "scale and degree" of the crisis, Henry Paulson says TARP could have...

|By:, SA News Editor

Although taken aback by the "scale and degree" of the crisis, Henry Paulson says TARP could have and should have worked better. "Those who said [TARP] didn’t work because it didn’t get lending going again were the people who had stigmatized it," he says, otherwise many more banks would have taken the money, held on to it longer and used it to boost lending.