Why The Bank Bailout Didn’t Help
Most of the biggest banks rejected TARP and paid it back early–before the banks became stable. Another financial collapse could be right around the corner.
- More Information: BofA, Wells Fargo, Citigroup Left TARP Early To Avoid Restrictions On Executive Pay
Update — This issue should be put into perspective. The Federal Reserve has been bailing out corporations in and out of the USA using much more money than TARP. More information–Why TARP is Insignificant.