TARP — Jeffrey A. Setaro

February 10, 2012

Were Healthy Banks Forced Forced to Surrender Ownership Stakes to Government?

June 3, 2009 By Jeff Leave a Comment

Were Healthy Banks Forced Forced to Surrender Ownership Stakes to Government? It’s question that needs to be answered… From reading this CNSNews.com piece it would seem at least a few “healthy” banks were forced into surrendering ownership stakes to the government: Last October, then-Treasury Secretary Henry Paulson ordered nine banks that the Treasury Department described [...]

Filed Under: Economy, Politics Tagged With: Banks, Ben Bernanke, Comptroller of the Currency, FDIC, Federal Reserve, Henry Paulson, John C. Dugan, Sheila Bair, TARP, Tim Geithner, Treasury Department

TARP Price Tag Could Reach $2.9 Trillion?

April 27, 2009 By Jeff Leave a Comment

CNSNews has a rather frightening report on the Special Inspector General for the Troubled Asset Relief Program’s report to congress. In short the report says that although Congress limited the Treasury Dept. to spending only $700 billion on TARP the program’s partnerships with the Federal Reserve and the Federal Deposit Insurance Corporation could bring the [...]