Latest
News
Updated:
July 9, 2009
TARP chief sees sun peeking through economic storm
AP
June 24, 2009
Excerpt:
WASHINGTON (AP) — The new manager of the government's $700 billion bank bailout program says he sees signs the economy is on the mend even though high unemployment and falling home prices remain a threat.
In prepared testimony for a congressionally appointed panel, Herbert Allison said Wednesday it is critical for the government to remain vigilant and "press ahead" with recovery efforts.
