Was TARP necessary?

摘要

William (Bill) isaacis chairman of lecg global financial Services and served as chairman of the Federal Deposit Insurance Corporation (FDIC) throughout one of its most challenging periods during the savings bank and savings & loan crises of the 1980s.rnIsaac's recently published book "Senseless Panic: How Washington Failed America" details the numerous blunders of government officials during the recent credit crisis that ultimately resulted in the $700 billion Troubled Asset Relief Program (TARP), which Isaac says was completely unnecessary.