TARP = FED FUNDING FOR GLOBAL CORPORATE RAIDING
Crash the markets, daddy fed says heres the $ clean up!
And they did!
Check out the assets under management for the banks before and after the GFC!
2009 was a bumper year for bank profits and for bonuses!
TARP , supposedly to save the markets, effectively just another wall street tool to plunder the unwitting globally and scoop up stressed assets at cents in the dollar.
p.s. To clearly state it, TARP was a funding lifeline, credit when no-one else could get it, even as life support, allowing the Banksters to buy up big at GFC terrorised pricing for all the asset classes in the World. It was inconceivably profitable, all Wealth for Wall Street!