A new study from the David Eccles School of Business at the University of Utah reveals that, in spite of its shortcomings, the controversial Troubled Asset Relief Program (aka TARP) has been effective despite initial concerns about its restrictions.
Elizabeth Warren vs. Tim Geithner on TARP Loans: Oversight of Troubled Asset Relief Program (2009) - http://www.us2016elections.com/elizabeth-warren-vs-tim-geithner-on-tarp-loans-oversight-of-troubled-asset-relief-program-2009/
General Motors Co. (GM), a company that was and might still be considered “too big to fail,” is still beholden to U.S. taxpayers and under the auspices of the Troubled Asset Relief Program (TARP), a Treasury program that was established to bail out financial institutions.
(Sept, 2013) Obama's Wall Street Bank Rescue Stabilized Economy at a Political Cost http://www.BusinessWeek.com/articles/2013-09-12/obamas-wall-street-bank-rescue-stabilized-economy-at-a-political-cost Wiki on the very successful Troubled Asset Relief Program: http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
While Iceland allowed its government to take total financial control when the 2008 crisis took hold, American bankers — in likely the only bail handout given to criminals of mass destruction — received $700 billion in Troubled Asset Relief Program (TARP) funds. Thank you, Congress American taxpayer.
Rent Bailout: How Washington Abandoned Main Street While Rescuing Wall Street by Neil BarofskyAdd to Favorite Authors In this riveting account of the mishandling of the TARP bailout fund, a former federal prosecutor offers behind-the-scenes proof of the corrupt ways Washington officials serve the interests of Wall Street. In author Neil Barofsky's bracing, fast-paced account of the mishandling of the $700 billion TARP (Troubled Asset Relief Program) bailout fund, he offers insider proof of…