Tarp Special News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Yeah. that may be confusing, you know, given the fact that g.m. lost $4.3 billion during the second half of 2009. now, i don't know how you pay back gigantic loans when you are losing money hand over fist. but somebody does. tarp special inspector general neil barofsky is shedding light on ed's fuzzy math. here it is. >> if there is any money left in that account after a certain period of time, it has to be used to repay the debt. basically what g.m. is doing is pulling back forward and taking the money out of the tarp capital facility and using it to pay off the debt. >> glenn: oh. i see. oka...

Yeah. that may be confusing, you know, given the fact that g.m. lost $4.3 billion during the second half of 2009. now, i don't know how you pay back gigantic loans when you are losing money hand over fist. but somebody does. tarp special inspector general neil barofsky is shedding light on ed's fuzzy math. here it is. >> if there is any money left in that account after a certain period of time, it has to be used to repay the debt. basically what g.m. is doing is pulling back forward and taking the money out of the tarp capital facility and using it to pay off the debt. >> glenn: oh. i see. oka...

Grandchildren, now on the hook, including fannie and freddie and all the rest of it for $3.7 trillion, and that number has grown by nearly 25% over the past three months. more proof that the white house is choosing to continue the bailout bonanza, even though the man charged with overseeing t.a.r.p. claims what we're doing is not working, and no matter what any politician or cable guy like me says, too many people in had country do not have a job, and that's one thing politicians can't lie about. joining us exclusively today is t.a.r.p. special inspector general neil barofsky. how can the cost...

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