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...
TBTF n.— «We’re talking about a pair of institutions that hold or guarantee more than half of the nation’s mortgages. In other words, they’re TBTF (too big to fail) and it’s a sure bet that we won’t let them go under. Treasury Secretary...
walk on a bank n.— «More likely than the kind of exodus of depositors that quickly sank IndyMac is what some bankers call a slow-motion “walk on the bank” which could cripple financial institutions already weakened by credit...
flight to cash n.— «Goodheart argues that modern bank runs have not involved a flight to cash but simply a rush to transfer deposits to institutions viewed as relatively safe: problems at individual banks have not produce a generalized...