Academic

Can Treasury Give Away TARP Money Without TARP Exec Comp Reqts?

By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring

I've told you that I suspect the answer is no, but we will need to see the details.  The Post reported that Treasury might try to clean TARP money of its statutory requirements by funneling it through a special entity; Treasury then denied it would do so after the predictable firestorm from Congress.  But Treasury has said that it wants its public private partnerships to include a variety of different investors, and that "a proposal won't necessarily be disqualified if firms don't meet all the criteria."  You can hear me hem and haw my way through an interview on the issues with a DC radio station here.

Full post as published by Conglomerate on April 07, 2009 (boomark / email).