• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Henry Paulson

    TARP Explained in Pictures

    The federal government’s Troubled Asset Relief Program been complicated and controversial from the beginning. First sold by then Treasury Secretary Hank Paulson as a plan to buy mortgage-related assets from U.S. financial institutions,TARP quickly morphed into an incoherent slush fund. New Treasury Secretary Timothy Geithner has had a very similar problem … More