TARP quotes:

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  • I have newspapers coming to me and saying, 'Can we get in on the TARP?'. -- Nancy Pelosi
  • If you were approaching the TARP investments from a pure investment standpoint, then there's no doubt in my mind the taxpayer lost, and probably lost big. -- Jeb Hensarling
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  • Tea Party people know that I stood against the Wall Street scam from Day One, that I voted against TARP, that I voted against repealing Glass-Steagall Act that kept these guys under some control. -- Russ Feingold
  • People forget... that we structured it so that the government, or the people, would be repaid with a really good rate of return. And as it turns out, that aspect of TARP, that's what happened. -- George W. Bush
  • When Obama was inaugurated, he and his team had an insight - though whether the insight was conscious or not I don't know. But it was this: The TARP $700 billion price tag was a new kind of model. -- John Podhoretz
  • So long as TARP money is wrapped up in GM, the company will never shake its 'Government Motors' image. That label, as competitors and GM employees are keenly aware, is code for one thing: 'GM is a failure.' -- Edward Whitacre, Jr.
  • The TARP program was nevertheless necessary to keep banks from collapsing in a cascade of failures. -- Mitt Romney
  • The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. -- Stuart Varney
  • So long as TARP money is wrapped up in GM, the company will never shake its 'Government Motors' image. That label, as competitors and GM employees are keenly aware, is code for one thing: 'GM is a failure. -- Edward Whitacre, Jr.
  • Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run. -- Jamie Dimon
  • When you stop and look at so much of the kind of activism that has been triggered, the Tea Party and the like, as a result of Obama's efforts - TARP, the stimulus package, and now the health care reform - there is a lot of sense this government is changing. -- Juan Williams
  • I think TARP was the most defining vote since I've been in Congress. It was wrong. You don't nationalize private - it was wrong. It desensitized people to what $700 billion was, which opened the door for a $900 million stimulus, for Obamacare, for all these things. It was wrong. It broke my heart. -- Louie Gohmert
  • TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction. -- Edward Whitacre, Jr.
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