Small banks need 'clear exit path' out of Tarp

An exit sign

The Office of the Special Inspector-General for the Troubled Asset Relief Programme (Sigtarp) has called on the US Treasury to give more aid to small banks involved in the Troubled Asset Relief Programme (Tarp) in its 2011 third-quarter report to Congress.

Tarp is the US taxpayer-backed fund that provided capital to banks to enable them to survive the financial crisis of 2008. Of the 707 banks that received aid under Tarp, only 266 have repaid it in full and left the programme – including the

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