Tuesday, February 2, 2010

CPFF, PDCF, TSLF, & TARP

Although TARP is still widely discussed by the mainstream media (and government bureaucrats seeking populist support) this was only one of many programs created by the government to provide backstops to the financial system. The combination of the government guarantees at one point could have potentially cost U.S. taxpayers an estimated $23.7 Trillion according to Neil Barofsky. Some of these programs expired on February 1st:

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