The $700 billion "Troubled Asset Relief Program" (TARP) was enacted in Washington three years ago this week, and while most economists, policymakers and journalists still believe it made things better ...
On Nov. 12, 2008, Treasury Secretary Hank Paulson announced a dramatic shift in the strategy to deal with the rolling financial crisis. Rather than use the $700 billion TARP funds to buy troubled ...
When news breaks, you need to understand what actually matters. At Vox, our mission is to help you make sense of the world — and that work has never been more vital. But we can’t do it on our own. We ...
Each day we were hearing about another large bank that was drowning in its toxic assets. These were often assets that were mortgage backed and were losing a substantial amount of value at an ...
Almost everyone loves to hate TARP. It's a favorite political sport of liberals, conservatives, Republicans, Democrats—and the public. A Bloomberg poll last October asked how TARP had affected the ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. The Troubled Asset Relief Program (TARP) was an initiative created ...