TARP funds cause mad scramble among lobbyists, bankers:

11/12/2008 | NYTimes.com

When the U.S. Treasury announced its $700 billion economic rescue, the Troubled Asset Relief Program, a lobbying free-for-all commenced, with hundreds of billions of dollars quickly dwindled. The frenzy is raising concerns among traditional bankers who fear that they may not see any of the funds and that the initiative may actually undermine efforts to resolve the financial crisis. The situation is further complicated by the possibility that the next administration and Congress could alter the program.

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