TARP is the Troubled Assets Relief Program introduced by Henry Paulson in September of 2008. TARP is also considered the mortgage bailout bill. Paulson claims this program is not to be a stimulus package. The purpose of this program is to take bad mortgages off the books of banks and mortgage lenders so they no [...]

Looking back, can we blame Henry Paulson for the lousy economy? Was Bear Stearns allowed to collapse while the Federal Reserve devised a contract with a private bank to take control of Bear Stearns  former assets? And what are his Goldman Sachs connections…Apparently, if AIG had gone bankrupt, Goldman Sachs would have lost around $20 [...]