Tess Vigeland: It's been almost four years since Lehman Brothers went under and the world's financial system started to spin out of control. The fall of 2008 was all about Henry Paulson's bazooka, the Troubled Asset Relief Program -- TARP -- a $700 billion bailout for the banks. The bailout legislation created a special inspector general at the Treasury Department to oversee where all that money was going.
Wednesday, July 25, 2012
Behind the scenes of the bank bailouts | Marketplace.org
Behind the scenes of the bank bailouts | Marketplace.org
Tess Vigeland: It's been almost four years since Lehman Brothers went under and the world's financial system started to spin out of control. The fall of 2008 was all about Henry Paulson's bazooka, the Troubled Asset Relief Program -- TARP -- a $700 billion bailout for the banks. The bailout legislation created a special inspector general at the Treasury Department to oversee where all that money was going.
Tess Vigeland: It's been almost four years since Lehman Brothers went under and the world's financial system started to spin out of control. The fall of 2008 was all about Henry Paulson's bazooka, the Troubled Asset Relief Program -- TARP -- a $700 billion bailout for the banks. The bailout legislation created a special inspector general at the Treasury Department to oversee where all that money was going.
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