Wednesday, April 25, 2012

Watchdog rejects idea that TARP will turn a profit

WASHINGTON -- The government's watchdog for the $700-billion Troubled Asset Relief Program on Wednesday disputed suggestions the bailout fund would turn a profit for taxpayers, and warned that many small banks are still struggling to repay.


Source: http://feeds.latimes.com/~r/latimes/business/~3/oBtlJZPsUxY/la-fi-mo-tarp-bailout-losses-20120425,0,468020.story

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