Geithner says main TARP programs will be shut down

10/21/2009 | Reuters

Treasury Secretary Timothy Geithner says most of the important programs in the Troubled Asset Relief Program will be closed down. Instead, the Barack Obama administration will initiate "more targeted programs" in areas where credit needs support, Geithner said. He said the administration has not decided whether to continue TARP past its expiration at year's end.

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