The more vulnerable parts of the non-bank financial system no longer exist, Geithner says. There are plans to reopen the bailout fund to smaller banks once the larger ones repay some of the money they received. The Obama administration proposals for regulatory reform will focus on better rules and more consolidated oversight. Community banks with assets under $500 million will be able to apply for funding under the Troubled Asset Relief Program (TARP) “It is not a system we can afford to live with any more””]
Source: https://www.cuinfosecurity.com/geithner-financial-system-beginning-to-adjust-a-1464