An Overall Assessment of TARP and Financial Stability

An Overall Assessment of TARP and Financial Stability PDF Author: United States. Congressional Oversight Panel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 168

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An Overall Assessment of TARP and Financial Stability

An Overall Assessment of TARP and Financial Stability PDF Author: United States. Congressional Oversight Panel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 168

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Book Description


An Overall Assessment of TARP and Financial Stability: Hearing Before the Congressional Oversight Panel

An Overall Assessment of TARP and Financial Stability: Hearing Before the Congressional Oversight Panel PDF Author: United States. Congressional Oversight Panel
Publisher:
ISBN:
Category :
Languages : en
Pages :

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S. Hrg. 112-3

S. Hrg. 112-3 PDF Author: U.S. Government Printing Office (Gpo)
Publisher: BiblioGov
ISBN: 9781289314767
Category :
Languages : en
Pages : 166

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Book Description
The United States Government Printing Office (GPO) was created in June 1860, and is an agency of the U.S. federal government based in Washington D.C. The office prints documents produced by and for the federal government, including Congress, the Supreme Court, the Executive Office of the President and other executive departments, and independent agencies. A hearing is a meeting of the Senate, House, joint or certain Government committee that is open to the public so that they can listen in on the opinions of the legislation. Hearings can also be held to explore certain topics or a current issue. It typically takes between two months up to two years to be published. This is one of those hearings.

An Overall Assessment of TARP and Financial Stability

An Overall Assessment of TARP and Financial Stability PDF Author: United States. Congressional Oversight Panel
Publisher:
ISBN:
Category : Economic assistance, Domestic
Languages : en
Pages : 157

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Book Description


Troubled Asset Relief Program (TARP)

Troubled Asset Relief Program (TARP) PDF Author: Timothy G. Massad
Publisher: DIANE Publishing
ISBN: 1437940986
Category : Business & Economics
Languages : en
Pages : 98

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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.

TARP and the Restoration of U.S. Financial Stability

TARP and the Restoration of U.S. Financial Stability PDF Author: Martin Y. Perkins
Publisher:
ISBN: 9781607413592
Category : Economic stabilization
Languages : en
Pages : 0

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Book Description
The current financial instability became widely apparent in the credit markets in August 2007. Although initially thought to be limited to sub-prime mortgages, increasing defaults on prime mortgages caused losses that rippled through the financial system. The effects have been particularly severe because U.S. mortgage-backed securities (MBS) had previously been viewed as low risk investments. Beginning in early 2008, multiple failures in large financial institutions prompted case-by-case government interventions to address these failures. Dissatisfaction with these ad hoc responses was cited by the Treasury in proposing a broader response focusing on government purchase of trouble mortgage-related assets, hoping to stem uncertainty and fear by removing these assets from the financial system. In early October 2008, Congress passed, and the President signed, the Emergency Economic Stabilization Act of 2008, creating the Troubled Assets Relief Program (TARP). This book briefly introduces aspects of the current financial instability. Following this, it outlines the Emergency Economic Stabilization Act (EESA) legislation and the steps that Treasury has taken to implement EESA. Also examined with a more in-depth analysis of the current financial instability are the potential causes of the financial instability, some sources of the current instability, and how financial instability may spill over into the broader economy.

Troubled Asset Relief Program

Troubled Asset Relief Program PDF Author: Gene L. Dodaro
Publisher: DIANE Publishing
ISBN: 1437924042
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
This is the eighth report assessing the Troubled Asset Relief Program's (TARP) impact over the last year. Specifically, it addresses: (1) the evolution of TARP's strategy and the status of TARP programs as of September 25, 2009; (2) the Department of the Treasury's (Treasury) progress in creating an effective management structure, including hiring for the Office of Financial Stability (OFS), overseeing contractors, and establishing a comprehensive system of internal control; and (3) indicators of TARP's performance that could help Treasury decide whether to extend the program. The author reviewed relevant documentation and met with officials from OFS, contractors, and financial regulators. Charts and tables.

Exiting TARP and Unwinding Its Impact on the Financial Markets

Exiting TARP and Unwinding Its Impact on the Financial Markets PDF Author: Elizabeth Warren
Publisher: DIANE Publishing
ISBN: 1437930549
Category : Business & Economics
Languages : en
Pages : 200

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Book Description


Troubled Asset Relief Program

Troubled Asset Relief Program PDF Author: Gene L. Dodaro
Publisher: DIANE Publishing
ISBN: 1437911242
Category : Business & Economics
Languages : en
Pages : 72

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Book Description
On Oct. 3, 2008, the Emergency Economic Stabilization Act was signed into law. The act established the Office of Financial Stability (OFS) and authorized the Troubled Asset Relief Program (TARP). This report reviews: (1) the activities that have been undertaken through TARP as of Nov. 25, 2008; (2) the structure of OFS, its use of contractors, and its system of internal controls; and (3) preliminary indicators of TARP¿s performance. Plans are to continue to monitor these and other issues including future and ongoing capital purchases, other transactions undertaken as part of TARP (e.g., capital purchases in Citigroup and AIG), and the status of other aspects of TARP. Includes recommendations. Tables and graphs.

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

Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues PDF Author: Richard J. Hillman
Publisher: DIANE Publishing
ISBN: 1437917046
Category : Business & Economics
Languages : en
Pages : 16

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Book Description
Discusses the Troubled Asset Relief Program (TARP), under which the Dept. of the Treasury has the authority to purchase and insure up to $700 billion in troubled assets held by financial institutions. The Act that authorized TARP on Oct. 3, 2008, requires a report at least every 60 days on findings resulting from oversight of the actions taken under TARP. This testimony is based primarily on a Jan. 30, 2009 report, the second under the act's mandate, which covers the actions taken as part of TARP through Jan. 23, 2009, and follows up on the 9 recommendations made in a Dec. 2, 2008 report. This testimony also provides additional information on some recent developments related to TARP, including Treasury's new financial stability plan. Tables.