Treasury's Allison outlines TARP exit strategy

Herbert Allison Jr., assistant secretary of the Treasury, said the government is eager to exit from the significant investment it holds in a number of financial firms and auto companies "as soon as practicable." Allison said the government's $700 billion Troubled Asset Relief Program, which he oversees, has been a success. "Confidence in our financial system has improved, credit is flowing, and the economy is growing," he said.

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