Dividing the TARP pie into too many pieces

Updated

Former president Bill Clinton wants some of the government's TARP money put toward "green" businesses. According to the Financial Times, "Before the banking crisis you could get banks to loan money [for green construction projects]," Mr Clinton said. That's not so easy now.

There may be some truth to Clinton's concern that money for "green" companies is limited. But the larger question for Congress and the Treasury is whether there is enough TARP money to go around. The $350 billion still left in the current fund seems like a lot of cash, but that's only true if it is not divided among too many industries.

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