Related topics: Industry Drivers
Some of the biggest recipients from the US governments Troubled Asset Relief Program (TARP) have loaned Pfizer $22.5bn to fund its takeover of Wyeth.
The takeover is widely predicted to result in job losses as the resulting company attempts to cut costs by axing areas of overlapping capacity and expertise.
While the deal is an example of banks lending again, a primary goal of TARP, the resulting job losses from the takeover are an unforeseen side effect.
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