Geithner tries to explain TARP past, present and future

Tue, 04/21/2009 - 13:10
  • Length: 4:31 minutes (4.13 MB)
  • Format: MP3 Mono 44kHz 128Kbps (CBR)

A bank takes a loan and then wants to pay it back. It sounds like a simple equation but not if you are a bank that receives TARP bailout funds from the government. Treasury Secretary Tim Geithner appeared before the Congressional Oversight Panel today to address this issue and others relating to how TARP funds are being distributed, paid back, and what future plans entail. FSRN’s Karen Miller has more.

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