Fed Reveals Billions in Bailout Loans during Financial Crisis

Companies including Caterpillar, Verizon, McDonalds and Harley-Davidson took loans

Thursday, December 02, 2010

Most of the companies who received money from the TARP bailout funds have been public knowledge ... but yesterday, the Fed revealed that a slate of prominent American companies used billions of dollars in bailout loans during the height of the financial crisis, including such corporate pillars as GE, Verizon and McDonalds, to name a few.  We speak with New York Times Wall Street and finance reporter Louise Story for the program's details. 

Guests:

Louise Story

Comments [1]

sarah from NYC

This story should make capitalists cringe and libertarians obsolete. So why do these ideologies dominate our media and national conversations?

Dec. 02 2010 08:01 AM

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