tarp v.— Note: From TARP, the Troubled Assets Relief Program, intended to aid American financial institutions in jeopardy. «Bank of America has been “tarped” (a new verb), like AIG, but not as much. Only $45 billion was handed...
go doughnuts v. phr.— «In bailing out Countrywide Financial, the Bank of America CEO might have spared the kind of worst-case meltdown the market has been fearing for months. “This was good for the financial system,” is how...