A DU collaborative thread: The Bailout aka Troubled Asset Relief Program/TARP

[bobthedrummer]

Post Bailout/TARP related articles/comments in this thread, btw the Troubled Asset Relief Program officially ends this Sunday.

Below are a couple of links to begin this thread, once again I'm requesting a collaborative DU effort, much like a data dump. We are talking about the future for Americans and trillions of our dollars here.

Bailout Not Over, Taxpayers Still Owed $2 Trillion In Federal Reserve Loans and TARP Program Funds
by Mary Bottari (9-29-10 Center for Media and Democracy PR Watch)
http://www.prwatch.org/node/9498

The Bailout Yearbook: The Stars and the Slackers
by Karen Weise (9-30-10 ProPublica)
http://www.propublica.org/article/the-bailout-yearbook-the-stars-and-the-slackers

Post away DUers.

[xchrom]

1. Recommend

[stray cat]

2. Tarp - where the money went, who paid back and bail out less than anticipated

http://www.nytimes.com/packages/html/national/200904_CREDITCRISIS/recipients.html

http://www.nytimes.com/2010/10/01/business/01tarp.html

WASHINGTON — Even as voters rage and candidates put up ads against government bailouts, the reviled mother of them all — the $700 billion lifeline to banks, insurance and auto companies — will expire after Sunday at a fraction of that cost, and could conceivably earn taxpayers a profit.

[girl gone mad]

3. TARP represents a small portion of the public welfare given to the financial system:

Even the chart below is incomplete.

[bobthedrummer]

4. Add your post to this thread DUers n/t

[bobthedrummer]

5. Thank you stray cat and girl gone mad n/t

[bobthedrummer]

6. So far only a few of us here want to discuss this-that's DU today n/t

[bobthedrummer]

7. another day another opportunity to post in this thread DU n/t