To the Point
TARP: Gone but Not Forgotten
The bank bailout -- or Troubled Asset Relief Program -- has become the leading symbol for the current hatred of government, on the Left as well as the Right. Was TARP the savior of the economy or the original sin? Now that it’s over, what did it really cost? Also, the US waives health insurance minimums for 30 companies, and a perfect performance at just the right time.
By Warren Olney • • 50m ListenThe bank bailout -- or Troubled Asset Relief Program -- has become the leading symbol for the current hatred of government, on the Left as well as the Right. Was TARP the savior of the economy or the original sin? Now that it’s over, what did it really cost? Also, the US waives health insurance minimums for 30 companies, and Roy Halladay throws the second no-hitter in more than 1000 post-season baseball games since 1903.
Banner image: Thousands of workers and union members gather for a rally and a march on Wall Street April 29,2010 to protest lost jobs and the taxpayer-funded bailout of banks. Photo: Timothy A. Clary/AFP/Getty Images
In this episode
3 storiesUS Waives Health Insurance Minimums for 30 Companies
Since healthcare reform requirements went into effect, there's been stiff resistance from some businesses and insurance companies. Now it turns out the Obama Administration has been granting waivers that will keep a million workers insured, while denying them some consumer protection. Drew Armstrong writes for Bloomberg Business News .
Read the story7 minThe Bank Bailout Is Over but the Fallout Continues
The Troubled Asset Relief Program was rolled out two years ago in the midst of a worldwide financial panic by George Bush's Treasury Secretary Henry Paulson. Introduced as a $700 billion bank bailout, it only spent a bit over half that much before officially ending last Sunday, and it might end up costing just $29 billion.
Read the story35 minNo-Hitter Makes Playoff History
In more than a thousand post-season games played since the World Series began in 1903, only once had there been a no-hitter.
Read the story8 min
