TARP now up to $3 trillion
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  TARP now up to $3 trillion 		« previous next »
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Author Topic: TARP now up to $3 trillion  (Read 1081 times)
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jfern
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« on: April 21, 2009, 01:35:49 AM »
I guess that's Wall Street's punishment for destroying the global economy, getting $3 trillion of taxpayer money.  That's probably more than universal health care, a manned mission to Mars, and energy independence combined would have cost. If you're too big to fail, you're too big to exist.

http://www.nytimes.com/2009/04/21/business/economy/21bailout.html?_r=2&hp
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CARLHAYDEN
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« Reply #1 on: April 21, 2009, 07:46:36 PM »
Uh, Jfern, things are even worse than you to realize.

TARP is basically a program to finance swindlers.

There's little oversight.

Here's a url to a rather good report:

http://finance.yahoo.com/news/Bank-bailout-may-hurt-apf-14979409.html?.v=8
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