{"id":5404,"date":"2013-10-02T15:15:05","date_gmt":"2013-10-02T21:15:05","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=5404"},"modified":"2013-10-02T15:15:05","modified_gmt":"2013-10-02T21:15:05","slug":"bank-bailout-legacy-five-years-later","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=5404","title":{"rendered":"Bank bailout legacy: five years later"},"content":{"rendered":"<p><a href=\"http:\/\/www.theguardian.com\/business\/2013\/oct\/02\/tarp-bailout-panel-verdict\">Sheila Bair, Christy Romero, Neil Barofsky, Guy LeBas, Anat Admati<\/a>: <\/p>\n<blockquote><p>This series looks back on the Troubled Asset Relief Program (Tarp) \u2013 the government intervention that sought to calm the financial crisis and restart the economy in 2008.<\/p>\n<p>Sheila Bair: chair of the Systemic Risk Council and former FDIC chair<\/p>\n<p>&#8220;I don&#8217;t want anyone who&#8217;s big to have a giant &#8220;put&#8221; on taxpayers. It&#8217;s problematic for big financial firms think that they can profit by taking a lot of risks, and if they lose money they can put it on taxpayers. There&#8217;s no more damaging and destabilizing message the government can send than this idea that if you&#8217;re big, the government will get you out of trouble.&#8221;<\/p><\/blockquote>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheila Bair, Christy Romero, Neil Barofsky, Guy LeBas, Anat Admati: This series looks back on the Troubled Asset Relief Program (Tarp) \u2013 the government intervention that sought to calm the financial crisis and restart the economy in 2008. Sheila Bair: chair of the Systemic Risk Council and former FDIC chair &#8220;I don&#8217;t want anyone who&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/5404"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5404"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/5404\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}