Turns out all those banks that took TARP money? A fair number are going to fail anyway.
On Nov. 6, United Commercial Bank of San Francisco failed, becoming the first recipient of the Troubled Assets Relief Program, or TARP, to collapse. The cost to taxpayers: $299 million.
Analysts expect more bailed-out firms to fail in the months ahead. Others may survive but will struggle to repay the
0 Comments