TARP has been far from an unmitigated success.
Isn't it time to debate what we want our institutions to be?
So, let me just, if I can, pinpoint--how can it be that we can manage to put hundreds of billions of dollars into the hands of very large fi...
So, your statement here today is, the reason we're having a problem with small business lending is that you're making the money available to...
The financial condition of the counterparties was not a relevant factor in the decision to see to it that Goldman Sachs and other counterpar...
And we moved in----
Perhaps most disturbing of all, TARP created an implicit government guarantee for major financial institutions.
Our time grows short, so we'll enter the lightning round here and try to get in at least one more question.
But that's three months off. As the banks we're talking about how to wind down TARP.
It's very important to have this debate and we're having it now in Congress.
We do need a system in order to be able to liquidate large financial institutions.
We do not want investors, in the future or these particular firms to live with the expectation that the government bail them out.
Let's keep in mind this is about whether or not the investors in these mortgages, some of whom made substantial profits during the glory day...
So, if we're going to be effective in dealing with this, we have to find some way to mitigate both the stigma of coming and the fear of chan...
TARP was an important part of the government's rescue strategy and it helped rescue the financial system from imminent collapse.
AIG was not a bank.
They ended up----
But, I thought you started by saying you were going to terminate and wind down the Capital Purchase Program.
