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Posted on October 1, 2010 | tags

 
 

Biz, U.S.: TARP’s final cost could be way less than first advertised

  • $700 billion the amount TARP cost taxpayers when it first happened two years ago
  • $50
    billion
    the most TARP will cost taxpayers when all is said and done source
  • » Says who?: The White House’s Treasury Secretary, Timothy Geithner, suggested that the final bill for TARP could be 7 percent of the original cost – or less, depending on how the markets go. But don’t expect anyone to gloat about this. TARP is political poison.