Panel: Bailout Overpaid $78B For Stocks
CBS/AP:
From a banker's perspective, it was a sweet deal.
The federal government's $700 billion financial rescue program has had its share of problems since it was introduced last fall. CBS News correspondent Priya David reports that that the Bush administration's Troubled Assets Relief Program (or TARP), created to purchase the illiquid assets of tottering financial firms, overpaid banks by billions of taxpayer dollars.
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