Saturday, April 25, 2009

More Bailout Follies: TARP Could Cause More Harm Than Good


America's have resigned themselves to the fact that the bailout has not been what it was promised. But now we find out that the oversight (or lack thereof) may be putting the very people the bailout was intended to help at risk:

Study: Bank Bailout Exposes Government to Massive Losses, Fraud

Is this just another example of a failed government initiative? Or is it too soon to fully understand the impact the bailouts will have on our wallets?

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