Political Quotes

Elizabeth Warren: “Perhaps most disturbing of all, TARP created an implicit government guarantee for major financial institutions.”

On the recordDecember 9, 2009
Perhaps most disturbing of all, TARP created an implicit government guarantee for major financial institutions.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren warns about the moral hazard created by TARP for large banks.

Share

More from Elizabeth Warren

Oct 15, 2026

Any more comments on the economic mess you and your boss created?

motherjones.com
Oct 7, 2026

The Administration must stop putting industry profits over the interests of the American people.

warren.senate.gov
Oct 14, 2026

At the same time that it is refusing to invest in workers at its existing facilities in New England, the company is pouring money into its new ventures, including a casino in the United Arab Emirates.

warren.senate.gov
Oct 14, 2026

Every worker at Encore has the right to join a union, and you have an obligation to the workers that you promised to employ. We urge you to continue to engage in union negotiations in good faith and to prioritize investment in…

warren.senate.gov

Other voices in this conversation