Paulson’s TARP Promises…He’s Laughing All the Way to the Bank

You remember this:

September 23, 2008

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and this.

December 18, 2008

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This week, Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the bailout funds, told the Senate Banking Committee that Treasury in 2008 paid $254 billion and received assets worth about $176 billion.

On Monday, we’re going to hear from new US Treasury Secretary Geithner a new plan.  I sure hope it doesn’t involve more money.  God help us.

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