On the recordJanuary 7, 2009
If we had not done the first TARP, we would have faced an outright economic collapse.
Source
congress.govIf we had not done the first TARP, we would have faced an outright economic collapse.
Conrad defends the first TARP as necessary to prevent economic disaster.
Share & report
More from Kent Conrad
I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.
I can remember about 8 years ago during the base realignment and closure (BRAC) process, Jamie was extremely involved in that very difficult and arduous process.