One year later, other factors muddle impact of TARP

11/25/2009 | Google

Big banks are showing signs of recovery, prompting Treasury Department officials to rethink the future of the Troubled Asset Relief Program. The program was successful in its goal to solidify stumbling banks, but it has so far fallen short in other areas. Some observers cite other economic factors when rating the performance of the program. "TARP giveth, but unemployment taketh away," said Scott Talbott, senior vice president of government relations for the Financial Services Roundtable.

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