NPR's Toxic Asset Has Died

Weren't we told by Bush, Bernanke and Paulson that TARP would purchase these toxic mortgage securities  from the Banks and that by doing so we would save the economy. Guess what though they changed their minds after getting their hands on our money and the majority of these assets remain on the banks ledgers. The only thing that changed is that the banks got a new accounting rule, which allowed them to stop marking to market mortgage securities but based on this video its clear that these assets are worthless.