http://seekingalpha.com/article/110...stand-the-problem-madoff-is-a-perfect-example What a mess..... It is like the most significant portion of the US Financial system is just one big ponzi scheme....
"Get money into the hands of financial institutions so that they could continue to lend" that's The general misconception Paulson/Fed refusal of Bloomberg's suite to disclose information about how the TARP was used is the indicator that funds were being used to prevent institutions from failing - nothing to do with lending it's also why Paulson is silent about 'pressuring' financials to lend â they don't have the funds to do so, and the others aren't going to lend as long as the economy is dumping