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dpkirchnertoday at 2:54 AM1 replyview on HN

What about the fraud that led up to the GFC -- pre-TARP? I think that's what people meme about.


Replies

bandramitoday at 6:38 AM

The TARP investigations jailed people for that; that was it's main purpose. Taking the funding window required an audit, and people either lied on the audit (and got busted for that) or admitted to illegal lending or valuation on it (and got busted for that)