Relevant:
- Washington's Lies About TARP's "Success" Are Worse Than The Original Bailouts, Part I | David Stockman
- TARP bailout fund likely to lose money, report says
- Rep. Sherman: Don’t Recycle TARP Funds!
- CDARS, Moral Hazard & the FDIC
- Government is Proposing to Institutionalize Bailouts for the Giant Banks
2009-11-03 — zerohedge.com
``Rep. Brad Sherman: That is a huge gravy train to the top 20 [financial institutions] because it allows them to borrow money at a lower rate. Think of what this does to moral hazard.
I’m not looking for a TARP on steroids with oversight. I’m looking for an end of TARP.''
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