TARP failed Main Street banks

Full Story at money.cnn.com

WASHINGTON (CNNMoney.com) — While bailed-out Wall Street is back on its feet and making profits, Main Street banks have gotten little to no boost from taxpayer bailouts, a watchdog panel said Wednesday.

The Troubled Asset Relief Program’s help has made little difference for small banks, according to the latest report by the Congressional Oversight Panel. The panel also warned that taxpayers could remain on the hook for small bank bailouts for years to come.

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