First of all, if we felt, and there was risk of it, that the whole financial system was going to collapse, then if they were going to provide the type of support and stimulus, be it through TARP or these other programs, The cost of capital input should have been at a vastly higher rate than what they did. And I'd have to go back and show you how cheap the access to capital, the 6% return that the investment banking or the big banks got on TARP money … (13:17–13:25)
CLAIM
Asserts that the financial support provided during the crisis should have been at a higher cost.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
