TARP became so politicized that having money from it was almost like a scarlet letter. There were debates over compensation, worry that the rules were going to get changed. All the banks were desperately rushing to get that money back as soon as possible - in part, so they could pay themselves bonuses without any government restrictions.
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"TARP became so politicized that having money from it was almost like a scarlet letter. There were debates over compensation, worry that the rules were going to get changed. All the banks were desperately rushing to get that money back as soon as possible - in part, so they could pay themselves bonuses without any government restrictions." — Andrew Ross Sorkin #moneywealth #politicsgovernment
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TARP became so politicized that having money from it was almost like a scarlet letter. There w…
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TARP became so politicized that having money from it was almost like a scarlet letter. There were debates over compensation, worry that the rules were going to get changed. All the banks were desperately rushing to get that money back as soon as possible - in part, so they could pay themselves bonuses without any government restrictions. — Andrew Ross Sorkin
About Andrew Ross Sorkin
Andrew Ross Sorkin was a Journalist from United States (1977–present).
Frequently Asked Questions
Who said "TARP became so politicized that having money from it was almost like a scarlet…"?
This quote is attributed to Andrew Ross Sorkin, a Journalist from United States.
When did Andrew Ross Sorkin live?
Andrew Ross Sorkin lived from 1977 – present.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.