The problems are unmistakable. Uncertainty persists about the stability of our financial institutions.
TARP has also failed to check the culture of excessive risktaking that brought on this crisis.
We helped out Wall Street, and we left everyone else hanging.
Are you saying it is not lawful for the Secretary of the Treasury to put the shares of stock in Chrysler and GM into trust?
Unlike the TARP funding for the big banks a year ago, this time will we be tracking the money?
We will be verifying that they use the tax dollars for small business lending.
We should expect to see essentially either a dollar-for-dollar improvement in their lending or with leverage from private investment, a bett...
There is an increased incentive for them to sit on the sidelines and hope that more federal dollars are coming.
So they will be gone by the end of the year.
I should say Treasury is still not considering the panel's recommendation to put the shares of stock of the auto industry and the large fina...
So what were your projections?