Small Banks Need Private Money To Get Out From Under TARP

Law360, New York (May 2, 2012, 3:53 PM EDT) -- A recent report by the federal government's bank bailout watchdog said small banks need a boost from regulators to exit the Troubled Asset Relief Program, but banking industry observers say while there are some regulatory fixes that may help, the real issue is an overall lack of private financing for small banks.

In an April 25 report to Congress, Christy Romero, the special inspector general for the Troubled Assets Relief Program, said that the U.S. Department of the Treasury was not doing enough to help more...
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