It isn't over, and the Tarp is just part of it.
I'd say neither side on this issue could be said to have had their case proven. The Tarp guarantees and the Fed's unconventional easing have potential effects downstream that could be rather negative.
And the repaid Tarp funds to date are only a small part of the story. Fai de bèn a Bertrand, te lou rendra en cagant