Where’d the $1Trillion in TARP Go?

By: grip
Posted: Mar 19, 2010 at 15:20
Category: Money
Votes: 50
Viewed: 157
Comments: 0


Remember way back last year when the TARP (stands for Troubled Asset Relief Fund) was launched because we just had to save the banking system?

An appeals court has ruled (second appeal by the way), that the Obama adminstration must reveal where the $1Trillion TARP money went.  They are resistant to revealing this information because it will make the bad banks look bad. And anyway, they only had to give us a 3 page memo from Benny Bernacke to get the funds and fill out a simple form requesting much less information that we would ask of a poor welfare mom (or dad).

Where'd the $1Trillion in Tarp Go

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