TARP’s “Godfather” Investment Should Give Rise To Deductible Interest

By:  Dustin Covello Earlier this year, my former colleague Jonathan Prokup and I published an article in the Journal of Taxation and Regulation of Financial Institutions.  In the article, we considered the federal tax consequences of Treasury's capital purchase program – the centerpiece of TARP.  Under the program, Treasury invested several hundred billion dollars into … Continue reading TARP’s “Godfather” Investment Should Give Rise To Deductible Interest