Ocupation: Business magnate
Life: b. August 12, 1930
Birthday: August 12
I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.
topic: Balance, Toxic, Relief, Balance Sheets, Tarp