Daniel Gross says that there's at least a sliver of a chance that we won't lose absolutely all of the TARP money that was paid out. Whooppity-do.
More interestingly, and depressingly, in another piece of essential long-form journalism, Vanity Fair describes the process (or lack thereof) under which the TARP money was actually distributed, and the governments comprehensive inability to control or even stay aware of what the money was used for.
It really is more painful than it seems being right all the time.
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