Watchdog: TARP Profit Is 'Misconception'

Hundreds of small banks struggling to repay loans

By John Johnson,  Newser Staff

Posted Apr 25, 2012 1:05 PM CDT

(Newser) – The Treasury Department tends to give glowing reviews to the TARP bailout, but the program's inspector general has a distinctly different view. "It is a widely held misconception that TARP will make a profit," writes Christy Romero in a new report to...   Read full story »


NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   MSN Living   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   Biography   |   Barstool Sports   |   OK!