Watchdog Group: TARP Won’t Repay Taxpayers or Change Wall Street Culture

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USA Today reports:

A Treasury Department watchdog is warning that a key $700 billion bailout program has damaged the government’s credibility, won’t earn taxpayers all their money back and has done little to change a culture of recklessness on Wall Street.

“The American people’s belief that the funds went into a black hole, or that there was a transfer of wealth from taxpayers to Wall Street, is one of the worst outcomes of this program, andSource: Business Pundit RSS Feed

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