Taxpayers May Lose Out in TARP Paybacks

Taxpayers May Lose Out in TARP Paybacks

Americans were promised a reward for rescuing the nation's banks. In return for all those bailouts, the banks essentially granted stock options to the government -- a potential jackpot for taxpayers once the crisis blew over.

But now banks, eager to get Washington out of their hair, are pushing to undo those investments as quickly -- and cheaply -- as possible. If the Obama administration acquiesces, billions of taxpayer dollars could be left on the table, The New York Times' Eric Dash writes.

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