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Did TARP Work? 

WASHINGTON, DC-As the Treasury Department reports more banks repaying taxpayers, one university professor looks further under the hood. 

By Erika Morphy  | Updated on June 17, 2010

WASHINGTON, DC-The Troubled Asset Relief Program has been deemed a success–if not a necessary evil. Many of the larger banks have repaid the Treasury, in some cases such as Bank of America, to the taxpayers’ profit. Smaller banks, as a recent report described, have not been as successful.

With the government discussing how to disengage itself from its extraordinary rescue efforts of 2008 and 2009, a look at how its most fundamental program–TARP–really worked is in order. 

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