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PBS NewsHour  Why the U.S. Government Bought 'Troubled Assets'

Making Sen$e of Bailouts: Why the U.S. Government Bought 'Troubled Assets' Details

 

Program: PBS NewsHour

Episode: Why the U.S. Government Bought 'Troubled Assets'

The Troubled Asset Relief Program was created in 2008 to prevent financial collapse by allowing the U.S. government to buy up troubled assets. But it ended up being used to bailout big banks. Paul Solman talks to Neil Barofsky, author of the new book "Bailout," about his role as the former TARP Special Inspector General.

Duration: (7:40)
Premiere Date: 08/02/2012
Episode Expires: Never
TV Rating: E


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