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Troubled Asset Relief Program: March 2009 Status of Efforts to Address Transparency and Accountability Issues
Troubled Asset Relief Program: March 2009 Status o

Our Price: $35.00
By Gene L. Dodaro (au)
Year: 2009
Pages: 100
Binding Paperback

Product Code: 1437914721

The third report on the Troubled Asset Relief Program (TARP) follows up on recommendations from the Jan. 28, 2009, report. It also reviews: (1) the nature and purpose of activities that had been initiated under TARP as of March 27, 2009; (2) the Office of Financial Stability's hiring efforts, use of contractors, and progress in developing an internal control system; and (3) TARP performance indicators. As of March 27, 2009, Treasury had disbursed $303.4 billion of the $700 billion in TARP funds. Most of the funds (almost $199 billion) went to purchase preferred shares of 532 financial institutions under the Capital Purchase Program (CPP), Treasury's primary vehicle under TARP for stabilizing financial markets. Includes recommend. Charts.

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