Comments on: Recycle the TARP http://blogs.reuters.com/commentaries/2009/09/01/recycle-the-tarp/ Now raising intellectual capital Thu, 17 Nov 2016 11:34:36 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: michael http://blogs.reuters.com/commentaries/2009/09/01/recycle-the-tarp/comment-page-1/#comment-3386 Wed, 02 Sep 2009 20:00:04 +0000 http://blogs.reuters.com/commentaries/?p=3345#comment-3386 Great soundbite idea, but bad policy I think.

The gov’t should have to beg for every last dime they want to throw at this problem, especially now the apocolypse seems to have been put off to another day.

I suspect Treasury will want to keep the 70b in reserve anyway. There are still shoes to drop at the TBTF banks that may require additional capital injections/Distressed Asset purchases.

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By: Jeff http://blogs.reuters.com/commentaries/2009/09/01/recycle-the-tarp/comment-page-1/#comment-3375 Wed, 02 Sep 2009 15:23:49 +0000 http://blogs.reuters.com/commentaries/?p=3345#comment-3375 Instead of talking about political victories lets talk business victories. In my opinion, from a business perspective the incoming TARP monies should be spread over the different areas which need it most. The FDIC is just one of many. Should the monies be redeposited in the FDIC or the FDIC takes money from the Treasury, it is a wash. However the FDIC needs to reclaim what it has spent.

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By: mark http://blogs.reuters.com/commentaries/2009/09/01/recycle-the-tarp/comment-page-1/#comment-3372 Wed, 02 Sep 2009 15:02:01 +0000 http://blogs.reuters.com/commentaries/?p=3345#comment-3372 A nice approach; however, bailouts have not fixed anything and corrupt our capitalism. Industries suffer or die when they make bad decisions, here we are attempting to ‘help’ out entities that made bad decisions and soften the blow. What about the ones that made sound decisions? They are left to compete against propped up giants who should have had to face the consequences.

I say no, put the money back, give the tax payers a break and let them sort it out for themselves. Time to move ahead and stop trying to support the interests of a few and protect their financial positions; from these failures will come a stronger industry.

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By: Casper http://blogs.reuters.com/commentaries/2009/09/01/recycle-the-tarp/comment-page-1/#comment-3356 Wed, 02 Sep 2009 07:30:43 +0000 http://blogs.reuters.com/commentaries/?p=3345#comment-3356 Interesting angle Matthew. Do the numbers add up though ? By how much are the US Banks in the red (insolvent)? Will this make a difference in this vast pool of $ millions, billions and trillions ? Also: ‘A year after Lehman Brothers’ collapse, the government should no longer be in the business of pumping money into too-big-to-fail institutions to prevent a global financial meltdown.’ – Global ? The whole World is facing these dilemmas, surely all economies are trying to prevent a regional meltdown ?

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