Market Analysis

program rescue the U.S. economy $ 700 billion to help stabilize the financial system of America, but was unable to reach several goals.

As stated in the report of the inspector general Neil Barofski program, system-financial institutions, bankruptcy, which the government can not allow under any circumstances, have become even bigger, partly because of government subsidies.
 

confidence that the government will continue to assist the largest banks, is promoting new high-risk financial transactions.

also Barofski not exclude the possibility of a new "bubble" in the property market, reports Lenta.ru.

The report also notes that the practice of paying huge bonuses on Wall Street remained virtually unchanged.

the conviction

Barofski, the program will save the economy did not lead to "meaningful reform" of the financial system.

"We"re going for the same winding mountain road, but on a faster machine," - he said.
 

According to experts, many fundamental problems remain unsolved, which threatens "the same or a deeper crisis in two years, five or ten years."

TARP program to save America"s economy was adopted in late 2008, in the midst of financial crisis in the country.

multibillion-dollar public assistance recipients are the largest financial institutions, many of whom were on the verge of bankruptcy. Nevertheless, a number of banks have already returned to the Government of the proceeds - much earlier than experts had predicted.

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