CEO and President of River City Bank in Sacramento, Steve Fleming, talks about the Troubled Asset Relief Program (TARP). He gives a brief history of TARP and gives insight into the potential impact of TARP and his perceived abuses of TARP, particularly as it relates to AIG and Chrysler. Was it worth it to taxpayers? Will we ever see money paid back? What will be the long term consequences of TARP?
From YouTube: “Ask Steve: From Wall Street to Your Street – Video Series 3
Steve Fleming, President & CEO of River City Bank, answers the most prevalent questions regarding banking and the economy. Gain insight and information about what’s happening on Wall Street and what it means to all of us here in the Sacramento region.”
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