TARP II
By experts and staff
- Published
Experts
By Benn SteilSenior Fellow and Director of International Economics
By
- Dinah WalkerAnalyst, 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.
