IPFS News Link • Bailouts
Tarp Overseer Debunks Bailout Myths: HAVEN’T Repaid Tarp Funds …
• ZeroHedgeAfter 3½ years, the Troubled Asset Relief Program (“TARP”) continues to
be an active and significant part of the Government’s response to the
financial crisis. It is a widely held misconception that TARP will make
a profit. The most recent cost estimate for TARP is a loss of $60 billion. Taxpayers are still owed $118.5 billion (including $14 billion written off or otherwise lost).