TARP
other on 4 shows · 0 statements across 0 episodes
the Startup Ideas Podcast 
Capital Allocators 
Top Founders 
All-In
4 statements about TARP, every show
Calacanis: TARP cost over $400B and generated a $15B profit
“TARP was just over four hundred billion dollars. It actually returned a fifteen billion dollar profit to the American people.”
Scaramucci: 2009 TARP scrutiny forced major banks to cancel Vegas conferences
“Every major investment bank was leaving Las Vegas because of the TARP money. And so what was that? The government gave all the banks money to help defend their balance sheets during the crisis. And so they all felt compelled to cancel any highfalutin conferenc…”
Latka: US government made $66B in profit from 2008 TARP bailouts
“Not only was that it was about four and forty billion distributed for, you know, around the tarp period. Not only was it paid back, but they made about, you know, sixty six billion in profits because they bought a lot of these bank stocks low, sold them high, …”
Friedman: TARP was brilliant and its critics misunderstand systemic risk
“And they did a brilliant, remarkable job. I can't believe that people still complain about TARP and what the government did. It's really because they literally lack an understanding of how the system works. How interconnected all the system is.”