Another lesson on economics from my brilliant sibling. This initially an email to a mutual friend and college classmate sent on October 3, 2012.
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My good Doctor,
I was getting a little sick of the rhetoric on the bank bail outs and how this administration saved Wall Street so I decided to do a little research. First off, TARP’s enabling legislation was passed four years ago today, so happy Birthday TARP. In honor of TARP, here is a website that everyone in America should visit.
http://www.treasury.gov/initiatives/financial-stability/Pages/default.aspx
This is the website for the US Treasury and, in particular, a link to the section on the Troubled Asset Recovery Program – more commonly known as TARP. After poking around the website for a while and reading the monthly reports to Congress, a few things are obvious.
Happy Birthday Sophie!!
Happy Birthday darling! I love you so very much.