TARP Program, Was it the Right Decision
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Our focus is on capital budgeting (CB). When you look at the TARP program (even though it was originally designed to buy toxic assets from banks) it is a CB project for Federal Government. We, as taxpayers, invested in banks hoping to have a positive return for OUR MONEY. We also hope that the Treasury dept. has done its analysis right and we have a positive NPV (net present value) project. So far we have gotten large portion of the money back.Do you think this was a right decision? Please discuss.
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