U.S. in Recession

By paying TARP back, are banks in the black?

The Treasury Department has determined that 10 large banks are strong enough to pay back funds from the Trouble Asset Relief Program following their performance on the stress test. But does this mean the banking crisis is over?

Guests

• Mark Calabria: Director of finanial regulation studies at the Cato Institute. He spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs.
• Charles Wendel: President of Financial Institutions Consulting. He has extensive experience as a banker and a consultant and is a regular contributor to American Banker.

More from MPR

• Bob Collins' News Cut: What the TARP payback means

Resources

• About Mark Calabria
• About Charles Wendel