TARP Is Dead… Long Live the TARP
Nov 12th, 2008 | By Contrarian Profits | Category: Top StoryRemember the hullabaloo over the $700 billion bailout? The bill that would buy “troubled assets” from banks (hence the name). Well, guess what? TARP never did buy troubled assets…and probably never will. Instead, it will continue to inject capital into companies in return for equity.