Romney Supported TARP
Reader comment on: Republican Presidential Debate
Submitted by AngelaTC (United States), Jun 13, 2011 23:27
"I hate the way TARP was administered, but I can tell you that we were on a precipice unlike anything we have known before in modern history with the potential of a complete collapse of our currency system and our financial system. Had we not taken action, you could have seen a real devastation."
"Secretary [Hank] Paulson's TARP prevented a systemic collapse of the national financial system."
""It was intended to prevent a run on virtually every bank and financial institution in the country."
"But TARP as administered by Secretary Timothy Geithner was as poorly explained, poorly understood, poorly structured and poorly implemented as any legislation in recent history."
Meaning - I would have dome the same thing except I don't want to say that now.
Note: Comments are moderated by the editor and are subject to editing.
Submit a comment on this article
Other reader comments on this item
Comment on this item