More than two years later, George W. Bush is still on the defensive about his authorization of TARP, the $700 billion bailout of Wall Street at height of the nation’s economic crisis. “I wasn’t a very good economic prognosticator. I did know we were in…

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Bush Defends 2008 Bank Bailout

Could TARP, the $700 billion “bank bailout” that epitomizes the invasive big government ideology that gave the rise to the Tea Party, actually be a good investment? After the Treasury Department announced a deal with insurance giant AIG today that…

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Bank Bailout to Cost Less than Feared

The reviled mother of all government bailouts — the $700 billion lifeline to banks, insurance and auto companies — will expire at a fraction of that cost and could conceivably earn taxpayers a profit.

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TARP Bailout to Cost Less Than Once Anticipated