Sunday, January 18, 2009

Federal bailout is working, Zions banker says

The first clear feedback on the TARP progream:

This article from the AZ Republic Newspaper of Jan. 18 indicates that "the effort appears to have bolstered the stability of the banks and has helped to get credit flowing again."

Federal bailout is working


It is significant to note that the writer does feel the government will be repaid the funds provided by this program. That doesn't seem to get mentioned very often!

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