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Tag Archives: TARP

How Much is $1 Trillion?

The U.S. Treasury yesterday announced plans to expand its Troubled Asset Relief Program (TARP) by as much as $1 trillion: The plan calls for the federal government to work with private investors to try to restart the market for the troubled mortgage loans and securities, which in turn officials hope improves the financial condition of [...]

CNN’s Money Summit: Bailout would cost $9,718 per taxpayer!

When it comes to the various stimulus packages and bank bailouts making their way through Congress, there’s no shortage of pundits, columnists, and bloggers offering their “expert opinion.” Amid all the hot air, however, it can be hard to find straightforward analysis of the issues at hand. CNN’s Money Summit, however, is an attempt to [...]