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Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street Highlight

posted on June 6, 2015 in: Quote.

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With the announcement of CPP, though, Paulson used the wide latitude given to him by Congress in the TARP bill to abandon the plan to purchase those mortgage-related assets.

— Neil Barofsky

Replicated under Fair Use from Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street by Neil Barofsky. (Pg. 25)