"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Whither Troubled Assets in TARP?
Submitted by Derek Henson on Fri, 2008-11-14 17:00
?But so far, the Treasury has used the money on other ways to promote lending - $250 billion of planned capital injections into banks, including supporting acquisitions of weak institutions, and a $40 billion equity investment in AIG as part of the revised bailout for the troubled insurer.?
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