Report: $78 billion in TARP funds “given” to banks

The latest entry at Crashopedia is a partial transcript of a video interview from yesterday where Congressional TARP Oversight chairwoman Elizabeth Warren reveals the astonishing fact that Secretary Paulson misled her, the public and Congress about what equity and warrants the government got when it invested the first $350 billion in TARP funds into large US banks. A few months ago Rep. Elijah Cummings asked Neil Kashkari (the former Goldman banker who now administers TARP funds...
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