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TARP Rescue Funds

By Dave Lucas

http://stream.publicbroadcasting.net/production/mp3/wamc/local-wamc-789157.mp3

Albany, NY – As part of the bailout bill passed in October, Congress set up the "Troubled Assets Relief Program," also known as the TARP, which gives the US Treasury wide latitude to purchase illiquid assets and stakes in financial firms, among other measures.

Capital District Bureau Chief Dave Lucas takes a closer look at "TARP"