An Update on the TARP Program


Book Description

An update on the TARP program: hearing before the Committee on Finance, United States Senate, One Hundred Eleventh Congress, second session, July 21, 2010.




An Update on the Tarp Program


Book Description

An update on the TARP program: hearing before the Committee on Finance, United States Senate, One Hundred Eleventh Congress, second session, July 21, 2010.







An Update on the TARP Program


Book Description







Troubled Asset Relief Program


Book Description

TARP was created more than four years ago by the Emergency Economic Stabilization Act of 2008 (EESA) as part of a broad-based federal response to the financial crisis. Thanks to TARP and the other emergency actions taken by the government, as well as the financial reforms that are being put in place, our economy is stronger, banks are better capitalized, the weakest parts of the financial system no longer exist, struggling homeowners have seen relief, and credit is more available to consumers and small businesses.




Troubled Asset Relief Program (TARP)


Book Description

October 3, 2010 marked the second anniversary of the creation of TARP and the end of the authority to make new financial commitments. The government now has recovered most of the investments it made in the banks. Taxpayers will likely earn a profit on the investments the government made in banks and AIG, with TARP losses limited to investments in the auto industry and housing programs. Contents of this report: TARP Overview; Stabilization of the Financial Markets; TARP Program Descriptions; Retrospective on the TARP Housing Initiatives; Executive Compensation; U.S. Government as a Shareholder; Accountability and Transparency. Charts and tables. This is a print on demand edition of an important, hard-to-find report.




Troubled Asset Relief Program, Status of Housing Programs


Book Description

" Since 2009 Treasury has obligated $37.51 billion in TARP funds to help struggling homeowners avoid foreclosure. The Emergency Economic Stabilization Act of 2008 included a provision for GAO to report at least every 60 days on TARP activities. This report provides an update on the status and condition of Treasury's TARP-funded housing programs as of October 31, 2016. To do this work, GAO reviewed Treasury documentation and prior GAO reports on TARP. We also interviewed Treasury officials. This report contains the most recently available public data in Treasury's reports at the time of our review, including obligations, disbursements, and program participation. "




Troubled Asset Relief Program (TARP)


Book Description

The Emergency Economic Stabilization Act of 2008 (EESA) authorized the Treasury Department (Treasury) to create the Troubled Asset Relief Program (TARP), designed to restore liquidity and stability to the U.S. financial system and to preserve homeownership by assisting borrowers struggling to make their mortgage payments. Congress reduced the initial authorized amount of $700 billion to $475 billion as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. EESA also required a report every 60 days on TARP activities in the financial and mortgage sectors. This report provides an update on the condition of all TARP programs -- nonhousing and housing -- as of September 30, 2014. Table and figures. This is a print on demand report.




Government Bailout


Book Description

The Troubled Asset Relief Program ("TARP") represents a massive and unprecedented investment of taxpayer money designed to stabilise the financial industry and promote economic recovery. The long-term success of the program is not assured. Success -- or failure -- will depend on whether the Department of the Treasury has spent, and will spend in the future, that massive investment wisely and efficiently to attain the program's goals. While it is too early to draw any conclusions on that ultimate issue, this assessment must necessarily begin with an understanding of what the Treasury has done thus far. The goal of this book is to present a ready reference on what TARP is and how it has been used, at least for the first $350 billion authorised as of January 23, 2009. This book consists of public domain documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.