The story behind the TARP funds – where did they go?

    It has been one year since the U.S. Congress authorized the U.S. Treasury Department to spend roughly $700 billion to stabilize the nation’s economy. In an article in the October issue of Vanity Fair, investigative journalists DONALD BARLETT and JAMES STEELE take readers behind the scenes to see how the deal was negotiated and where the funds went. Then, DAMON SILVERS who sits on the Congressional Oversight Panel which was created by congress to review the TARP program joins with us for an update. Listen to the mp3

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