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Business Daily: Bailout blues

05/10/2010

Bailout blues

BBC World Service - Business Daily, Bailout blues

After two years the $700 billion Tarp is winding down; but how well did it do its job?

Did The Troubled Asset Relief Programme save US capitalism or undermine it?  As the programme winds down this week we look at  fraud and missed opportunities in the world's biggest bailout.

Two years on from the near collpase of the US financial system, the bailout designed to save it is winding down.  But the Troubled Asset Relief Programme (Tarp) has been assailed from right and left for undermining US capitalism and failing to help homeowners repectively.  TARP Special Inspector General Neil Barlofsky analyses the good, the bad and the downright ugly of the world's biggest bailout.

And, how do you recover from a near catastrophic manufacturing failure and massive global recall?  As Toyota bounces back its European President Didier Leroy tells Jonny Dymond why a nine million car recall was not such a disaster for the company.

And, pawn shops in Muslim Malaysia; getting round the prohibition on charging interest.

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