Historians will look back on Washington’s bailout of GM and Wall Street as the right move. That’s because it’s now clear that the costs of doing nothing would have been far higher, and it turns out that taxpayers may suffer only limited losses on this economic Hail Mary pass.
Continue reading Was Washington Right to Bail Out GM and Wall Street with TARP?
Was Washington Right to Bail Out GM and Wall Street with TARP? originally appeared on DailyFinance on Thu, 18 Nov 2010 08:58:00.
Filed Under: Economy, Fannie Mae, American International Group, General Motors, Freddie Mac