October 3, 2011 - 23:50
Today is the three-year anniversary of TARP, the $700 billion bank bailout passed at the height of the financial crisis in 2008. Even though no one actually liked TARP, including the Congress who voted for it, it is credited with saving our nation from financial collapse. However, three years after the banks received their bailout, the American people never got theirs. Every day, it becomes clearer that we have not learned from the mistakes of Wall Street and the Big Banks that led to the crisis, especially as Financial Reform legislation continues to be gutted piece by piece.