Five Things You Need to Know: Under TARP, Neither a Borrower Nor a Lender Be
Kevin Depew's Five Things You Need to Know to stay ahead of the pack on Wall Street:1. Under TARP Neither a Borrower Nor a Lender BeApparently those U.S. banks funded by the Troubled Asset Relief Program (TARP) are actually lending less than those without access to the program. Treasury the sugar daddy in charge of this program isn't going to like this news which just goes to demonstrate the unyielding truth of the ancient saying "pimpin' ain't easy." According to Bloomberg 51 lenders who got TARP money reduced total loans by $92.9 billion or 2.5 percent in the fourth ...
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