In-Depth Look: Impact of TARP on Credit Cards

Category: Bailouts, Credit, Video

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One Response to “Impact of TARP on Credit Cards”

  1. wunsacon says:

    What do you do NEXT year??? Another trillion?? They might as well be talking about colonizing Mars. You can spend money on a program to do it. But, you’re not going to land there this year or next.

    So, if the credit card companies can’t securitize, don’t they have to ration credit? Doesn’t that mean that real interest rates should go up?