James Pethokoukis

Politics and policy from inside Washington

TARP repayment: Letting banks ‘slither’ away?

June 10, 2009

This gem from author and former investment banker William Cohan (via PBS NewsHour):

But I think we do need to restructure the entire architecture of the financial system while we have the opportunity. And letting these banks get out of the TARP and slither away from the grasp of the government at just the moment when we need to restructure the banking system is not wise.

Me: Does Cohan realize there are plenty of Treasury Department openings? Circulate that CV!

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