Geithner defends TARP as "one of the most effective crisis response programs ever implemented,"...

|By:, SA News Editor

Geithner defends TARP as "one of the most effective crisis response programs ever implemented," and believes the final cost to taxpayers is likely to total even less than the current $25 billion estimate. Ally Financial, the former GMAC, will sell shares to the public sooner than expected, Geithner also tells the TARP oversight panel.