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Troubled Asset Relief Program (TARP): Implementation and Status
Troubled Asset Relief Program (TARP): Implementation and Status
 
Our Price: $20.00
By Baird Webel (au)
Year: 2012
Pages: 31
Binding Paperback
ISBN 978-1-4578-3304-5

Product Code: 1457833042

Description
 
The Troubled Asset Relief Program (TARP) was created by the Emergency Economic Stabilization Act (EESA; P.L. 110-343) in October 2008. EESA was enacted to address an ongoing financial crisis that reached near-panic proportions in Sept. 2008. The act granted the Secretary of the Treasury authority to either purchase or insure up to $700 billion in troubled assets owned by financial institutions. This authority was granted for up to two years from the date of enactment and was very broad. In particular, the definitions of both ńˇýtroubled assetńˇŁ and ńˇýfinancial institutionńˇŁ allowed the Secretary wide leeway in deciding what assets might be purchased or guaranteed and what might qualify as a financial firm. Contents of this report: Introduction; TARP Programs; Current Status and Future of TARP; the Costs of TARP; The 112th Congress and TARP; Ownership of Private Companies; TARP and the Dodd-Frank Act. Tables. This is a print on demand report.

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