Treasury Dept. is getting blamed for shutting down the troubled Auto Dealerships way too quick according to the report published by TARP.
TARP or Troubled Asset Relief Program was setup to manage and help car companies out of of bankruptcy. While it all went according to the plan, report states that the decisions were made too quick and left thousands of workers jobless thus increasing unemployment numbers.
We think that regardless of how this was handled, it appears that the folks over at Treasury made the correct decisions because the results are great so far.
