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Posted on Nov 19, 2009 by CHESSNOID in Bail out, Bailout, Obama, Recession, current events, economy, housing bust | 0 Comments
The taxpayer money used for TARP was simply a waste. Commissioner Elizabeth Warren explains in the video below the funds used were to unfreeze the credit markets. The banks simply held on to the money and did not loan it back out.
Embedded video from <a href=”http://money.cnn.com/video” mce_href=”http://money.cnn.com/video”>CNNMoney.com Video</a>
TARP may be over video
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