Report On The Troubled Asset Relief Program : March 2010

Author: Avi Lerner
Publisher: DIANE Publishing
Keywords: program, march, relief, asset, troubled, report
Number of Pages: 16
Published: 2010-08
ISBN-10: 1437931197
ISBN-13: 9781437931198

Book Description:

In Oct. 2008, the Emergency Economic Stabilization Act of 2008 established the Troubled Asset Relief Program (TARP), which authorizes the Dept. of the Treasury to purchase or insure troubled assets as a way to promote stability in financial markets. This report on the TARPżs transactions follows the report that the Office of Mgmt. and Budget (OMB) submitted on Feb. 1, 2010. Contents: (1) Transactions of the TARP: Capital Purchases and Other Support for Financial Institutions; Financial Assistance to Automobile Manufacturers and Related Businesses; Investment Partnerships; Grants to Mitigate Foreclosures; (2) Pending TARP Transactions; (3) Comparison of CBOżs and OMBżs Estimates; (4) Changes from CBOżs January Estimates. Charts and tables.


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