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	<title>Bob Pozen &#187; the DC</title>
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		<title>TARP shortchanging taxpayers [The DC]</title>
		<link>http://bobpozen.com/2010/01/tarp-shortchanging-taxpayers-the-dc/</link>
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		<pubDate>Mon, 11 Jan 2010 15:55:03 +0000</pubDate>
		<dc:creator>Bob Pozen</dc:creator>
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		<category><![CDATA[the DC]]></category>

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		<description><![CDATA[If the Treasury bails out large banks in the future, it should demand the same terms as those received by sophisticated institutional investors.  Some of the rescued banks will become profitable, while others will ...]]></description>
			<content:encoded><![CDATA[<p>If the Treasury bails out large banks in the future, it should demand the same terms as those received by sophisticated institutional investors.  Some of the rescued banks will become profitable, while others will become insolvent.  Taxpayers need to maximize their gains on the successful turnarounds to compensate for their losses on the bailouts that inevitably fail.</p>
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