Yesterday it was announced that 10 companies would be exiting the TARP plan, paying back with interest all the money borrowed from the government.
Today it was announced that 7 companies, including several still on TARP plus GM and Chrysler, would have their executive pay set by a Treasury-approved lawyer.
FWIW, the government turned a profit on the companies that paid back the loans. This is not to say that TARP will make money overall; but the final cost to taxpayers should be well under the $700bn sticker price on TARP.
IPE @ UNC
IPE@UNC is a group blog maintained by faculty and graduate students in the Department of Political Science at the University of North Carolina at Chapel Hill. The opinions expressed on these pages are our own, and have nothing to do with UNC.
Bookshelf
Tags
Academia Adjustment Afghanistan Africa AIG America Argentina Austerity Bailout Banking Bargaining Basel Bernanke Bias Blogging Business cycle; recession; financial crisis Cap and Trade capital controls capital flows central banks; moral hazard Chavez China China Trade Climate Change Contentious Politics Cuba Currencies Currency Crises; financial crisis Current Account Data Debt Debt; China; United States; Decession Politics Decoupling Deflation democracy Democrats; Trade policy development Diplomacy Dollar; China; Currency Manipulation; Exchange Rates dollar; exchange rate policy ECB ECB; Fed; Monetary Policy Economic Growth Economics Egypt election EMU; monetary union Environment EU; Agriculture; Common Agricultural Policy Euro Europe; labor; immigration European Union Exchange Rates Farm Bill; Agriculture FDI Fed; Monetary Policy finance financial crisis financial crisis; subprime Fiscal Policy; monetary policy; elections Fiscal Stimulus Foreign Aid Foreign Policy France Free Trade Agreements G-20 G20 Summit Game Theory Germany global recession globalization Grand Theory Great Britain Greece health care reform Hegemony Human Rights Iceland imbalance IMF immigration Incentives income distribution income inequality; globalization India Inequality inflation institutions Interests international finance International Law International Monetary System International Relations Investment IPE Iran Iraq Ireland ISA Italy Japan labor markets Latin America Libya Macroeconomics Marxism Mexico Microfinance Miscellany monetary policy Monetary policy; Federal Reserve moral hazard Narcissism Networks Nobelist Smackdown North Korea Obama Oil PIGS Pirates Political Economy Political Methodology Political Science Political Survival Political Theory Power Protectionism Protests Public Choice Public opinion Rational Choice regulation Research Review Russia Sanctions Security Dilemma security threats Soccer Social Science Sovereign Debt Spain Sports Statistics stock markets Systems Tariffs TARP Taxes TBTF Technocracy technology terrorism Trade trade policy UNC Unemployment United States US-South Korea Venezuela WTO WTO; Doha
Blog Archive
-
▼
2009
(521)
-
▼
June
(68)
- Altering Incentives
- Altering Incentives
- Cap, Coerce, and Then Trade
- The Other Coup
- Holy Smokes!
- Abolish Agriculture (Committees)
- What the Hell Are the Swedes Doing?
- More on Climate Change (nerdy; skip if you don't l...
- The Hopeless Science?
- Links for the Weekend
- The Economic Costs of Climate Change
- Posner on Financial Regulation
- Defending the Median Voter Theorem
- Has Persiankiwi been silenced?
- Hard Power
- Lessons from Brazil
- Iranian Government Retires Four-Elevenths of the S...
- Not Just Circumstantial Any More
- Roger Cohen from the streets of Iran
- Does Policy Matter for Growth?
- Brazen
- Weekend Links
- Stranger Than Fiction
- Half a League, Half a League, Half a League Onward
- The Trouble of Rationality
- Easterly on Hayek on the Secret of Development
- Parsing Iran
- More of the Same, Please
- Oops
- Paul Krugman on the Recession in the EU
- Morning Iran Round-Up
- Quote of the Day
- Fresh Iran Thread
- More on Iran
- G-8 Talks Regulatory Harmonization
- Was the Iranian Election Stolen?
- The Return of the "Decoupling" Myth
- Moribund?
- Why Matthew Yglesias Doesn't Understand Internatio...
- Link Dump
- E.U. vs. the U.S.: Gaming the Economic Crisis
- Why Canada Is Better
- Matthew Yglesias Does Not Understand International...
- The Geopolitical Implications of Iran's Election
- What Sort of Regulatory Reform to Expect
- Coincidence?
- China's Adjustment
- Gasoline
- Link Dump
- Lingua Americana
- How to Avoid Unemployment? Move to the O.C.
- Research versus Teaching
- Is Europe Shifting to the Right?
- Paying your debt with shit (literally)
- Saving us From Ourselves
- Angela Merkel seems not to understand what it mean...
- Markets in Everything: Dates edition - 35th of May
- Obama, Cuba and the OAS
- Microfoundations? We Don't Need No Stinkin' Microf...
- The Power of the Quants.
- One Slice
- I Like Cake (but prefer pie)
- It Was 20 Years Ago Today
- Nostalgianomics
- American-style "Socialism"
- A policy idea?
- 221.034 - 1,361.58
- Mmmmm, Cake.
-
▼
June
(68)
Thursday, June 11, 2009
Coincidence?
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment