tag:blogger.com,1999:blog-3758330678390419129.post8358931484533237940..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: A Bit of International Plotting By Geithner, TodayRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3758330678390419129.post-70705843881716281212012-12-10T09:34:57.228-05:002012-12-10T09:34:57.228-05:00That memo at the end was dated October 29, 2008. ...That memo at the end was dated October 29, 2008. TARP was signed into law on October 3, 2008, with $350 billion or so moving at or about the same date. Those funds were priced off Libor, so if Libor was misrepresented (and low, relative to real market rates) taxpayers were getting underpaid. They may have been underpaid for other reasons, too, to be sure.Bill Bergmannoreply@blogger.com