Philadelphia, Phoenix and Atlanta expected to receive $50 billion in TARP

...according to the New York Times.

http://projects.nytimes.com/creditcrisis/recipients/table

Luckily, Paulson has already maxed out the TARP credit limit. Hahaha!

Looks like there will be no bailout coming from the TARP to the automakers. Congress should deny Paulson from sending another $350 billion into the blackhole.

 

Do they have the backbone to do that?

 

The killed the auto bailout so some do.