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Paulson: A change in plans or the trouble with TARP

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Amanda Lang

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Sec. of Treasury Paulson confirmed Wednesday what was already becoming apparent -- that the government will not use any of its $700 billion financial-industry bailout fund to buy toxic assets from banks and other institutions.

Those purchases were the basis of the Troubled Asset Relief Program (TARP) that Congress approved last month.

Read the rest of the story HERE:

At bailoutsleuth.com

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Amanda Lang Social Media Pages:

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Bailout; Paulson; TARP Troubled Asset Relief Program, Add Tags

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