Banks learned tough lessons through TARP

06/22/2009 | CNNMoney/Fortune

In October, officials from the Treasury and Federal Reserve rounded up the heads of nine banks and told them they would be participating in the Troubled Asset Relief Program. Eight months later, several of those banks have started extricating themselves from TARP, but the saga continues. Whether the program was necessary is debatable, but it has definitely taken its toll on the participating firms.

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