TARP was a small fraction of the bailouts that occurred. I could run through a whole litany of programs, the tslf, the tglp, the ppeip, on and on and on, backdoor mechanism that The Federal Reserve and the Treasury used backdoor mechanisms to prop up the financial system. Now, you know, I have a big problem with that because they're doing it in an opaque manner. And secondly, there's no consequences for the executives of those firms. (09:31–09:45)
CLAIM
Asserts that the Federal Reserve and Treasury used undisclosed methods to support the financial system.
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.
