On the recordFebruary 3, 2009
The first TARP, for which I voted, contrary to my friend, Senator Shelby, was sold to us on the basis that it was going to acquire the toxic assets and clean up the balance sheets of the bank.
Source
congress.govBob Bennett: “The first TARP, for which I voted, contrary to my friend, Senator Shelby, was sold to us on the basis that it was going…”
Editor's note · Context
Bennett discusses the initial purpose of TARP and its shift in focus.
Share
More from Bob Bennett
Jun 15, 2010
We will not only lose the industry, we will lose the skills that go with it.
Jun 15, 2010
I think the implications for this are very serious. NASA, I think, is making a mistake.
Jun 23, 2010
I think the outcry would be very, very strong. There is a huge conflict of interest here, and such an individual should not be included.
Nov 15, 2010
We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.
Other voices in this conversation
