Tuesday, November 03, 2009

The first academic analysis of the investment in banks by the Treasury in 2008 using TARP was worth it.

[We analyze the market response to the revised Paulson plan and show that, systemic
effects aside, this plan adds $132bn to the banking sector at a taxpayers cost of between
$15 and $47bn, with a net benefit between $84 bn and $107bn.]

No comments: