A 33-percent failure rate does not to me exactly provide confidence to the market that either Treasury or any of the Federal regulators, including the Fed understood the term 'heal...
One of the stated purposes that we have all talked about here of the TARP is to maximize overall returns to the taxpayers.
The American people can stand the truth. They can stand the truth.
Trust in the banking system, especially Wall Street banks right now, it doesn't exist.
We need to be vigilant, I believe, that banks are not pressured to lend to politically favored borrowers, either side.
The American people, as you well know right now--you can see it in polls, you can just go home, any of us can--they don't trust the TARP pro...
We used to look at Wall Street and say they were the smartest people in the world. Now, that has been doubted today in a lot of ways.
I voted against the TARP because Treasury's warnings and promises seemed calculated to induce panic rather than to ensure proper stewardship...
If they do not fear you, they are going to play with you.
Solutions, however, crafted in haste, rarely are effective and, even worse, can be counterproductive, as TARP.
I am concerned, especially given the limited life of the TARP program, that employees of TARP may be facing significant... conflicts of inte...