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Marketplace

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Jan 22, 2020

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Sep 4, 2018

The biggest bailout in history, 10 years later

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Neel Kashkari runs the Minneapolis Fed now, but 10 years ago he was in charge of the Troubled Asset Relief Program, also known as the bank bailout. We talked with Kashkari about how TARP architects put a pricetag on the bailout,…

Stories From this episode

A Lawson’s store in Lakewood, Ohio in 1975 (left), and a Lawson store in Tokyo’s Akasaka neighborhood in 2018. Even though the brand was founded in Ohio, there are zero Lawson stores in the continental U.S. today, and over 14,000 in Japan. 
Special Collections, Cleveland State University Library & Adrian Ma/Marketplace

Neel Kashkari runs the Minneapolis Fed now, but 10 years ago he was in charge of the Troubled Asset Relief Program, also known as the bank bailout. We talked with Kashkari about how TARP architects put a pricetag on the bailout, how his life changed after the crisis and what Congress would do if another one hit. Then, why Nike chose Colin Kaepernick as the new face of Nike’s “Just Do It” campaign. Plus, what you need to know about political ads on Facebook.

Music from the episode

Windchimes Eyeliner
Lips Like Sugar Echo & the Bunnymen
Ooh Wee (feat. Ghostface Killah, Nate Dogg, Trife & Saigon) Mark Ronson, Ghostface Killah, Nate Dogg, Trife, Saigon
Mirage Toro y Moi
Cenote Wax Future