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

It wasn't close. taking away their organizing power in michigan. so to argue that this was some giveaway and sop to the unions is absurd. >> the treasury posts this t.a.r.p. tracker on its website, says it's recovered 89% of the money invested in the automobile industry, aig, and the banks. generally good news here? >> oh, yeah. we're getting out of this stuff, which we should be out of. what we need is to have a real discussion about do we get economic rules so to provide viable companies so this doesn't happen again. the problem isn't going to be gm. it's wall street. >> here is what is lost...

Do well. >> which is going to help them invest in an infrastructure and development of better product. >> creating more jobs. >> of course, product is not their problem. worldwide, they have really taken some strides. now, let's talk about aig, which you mentioned. the government says that it made $22.7 billion on the aig bailout. and that was a bailout. some republicans say the unions kept us from making money on gm as well. is that a fair comparison? >> no, not at all. in part, look at the size of the risk we took for aig versus the return we got. we got a return. but commensurate with the r...

But commensurate with the risk it wasn't close. taking away their organizing power in michigan. so to argue that this was some giveaway and sop to the unions is absurd. >> the treasury posts this t.a.r.p. tracker on its website, says it's recovered 89% of the money invested in the automobile industry, aig, and the banks. generally good news here? >> oh, yeah. we're getting out of this stuff, which we should be out of. what we need is to have a real discussion about do we get economic rules so to provide viable companies so this doesn't happen again. the problem isn't going to be gm. it's wall ...