Moody’s Economist: Banks ‘Overcapitalized’ after TARP

Economists testifying before the Congressional Oversight Panel, Thursday, agreed on the necessity of the Troubled Asset Relief Program (TARP) 13 months after its launch but debated the health of banks that received funds from the US Treasury Department.
COP, which reviews and reports on actions taken by the Treasury, heard the views from five economists on [...]

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