Sunday, November 22nd, 2009

Posts Tagged ‘ David Levy ’

TARP Is Dead… Long Live the TARP

Nov 12th, 2008 | By Contrarian Profits | Category: Top Story

Remember 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.