The Unique Treatment of GMAC Under TARP

President Obama is running a federal deficit that will likely exceed the deficit created by President Bush, but in just half the time. (Read More…)

Today the headlines seem to read, “Two years and billions later, bank bailout program finally ends.” The news sounds like a relief, but what is missing is the TARP program is ending for a reason. It has to. Here is the key fact: (read more…)

With all the talk about how the government is getting paid back TARP money with interest, and patting them self on their back – take notice what is not being talked about: Such as the $79 billion dumped into GM and Chrysler, and the approximately $85 billion for AIG (read more…)