Government Watchdog Says No Exit Plan in Sight For Huge Parts of the Bailouts

The government bought up a whole lot of stuff with TARP. So now the government owns a whole lot of stuff that it doesn't really want to own.

Christy Romero, special investigator general for the Troubled Asset Relief ProgramTARP is one of the big bailouts you remember from 2008, in which the government bought up a bunch of stuff with the goal of stabilizing the financial sector—gave an interview worth reading to MarketWatch, in which she addressed the headline-making plans for the U.S. Treasury to sell off more than half of its interest in insurance giant, AIG, then moved on to discussing other aspects of TARP.

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