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Banks’ TARP Repayments Hide Underlying Flaws

By Robert Flanagan
12/30/2009
On December 15, 2009, Citigroup and Wells Fargo won approval to begin repaying $45 billion in aid that they received from the Federal Government. Many view this as a sign that the financial sector in the United States is rebounding, and that the $700 billion Troubled Asset Relief Program (TARP) has been a success. TARP...

TAGS: Congressional Oversight Panel, TARP, Troubled Asset Relief Program

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Legal & Regulatory / Research Report

The Proposed Freeport McMoran Settlement: Ineffective by Design


The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...

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