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TARP II

By experts and staff

Published
  • Benn SteilCFR Expert
    Senior Fellow and Director of International Economics
  • Dinah Walker
    Analyst, Geoeconomics

Financial stocks plunged this week, renewing the debate over how to fix the banking system. The Treasury’s remaining $350 billion in TARP funds would be enough to buy the existing common equity of the U.S. banking system, but buying existing stock wouldn’t provide the banks with new capital. To fix the banks, the Obama administration must select from a range of options that include capital injections, asset purchases, a ‘bad bank’, or nationalization.

El-Erian: We Have to Bring the Banking Sector Back To Life

Economist: Inside the Banks

Economist: The Spectre of Nationalisation

Gapper: Nationalisation is Not a Panacea

Editorial: Big and Bad