Paulson:TARP targets financial firms
Nov. 18 - US Treasury Secretary Henry Paulson said the $700 billion Troubled Asset Relief Program (TARP) was meant for financial firms and not other companies
Paulson told lawmakers during a House Financial Services Committee hearing a long term solution was required to help U.S automakers, but that the $700 billion market bailout fund should not be used to prevent a potential collapse of the US auto industry.
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