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.

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.

Report on the Troubled Asset Relief Program (TARP)

Report on the Troubled Asset Relief Program (TARP) PDF Author: Avi Lerner
Publisher: DIANE Publishing
ISBN: 1437931596
Category : Political Science
Languages : en
Pages : 16

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Book Description
In October 2008, the Emergency Economic Stabilization Act of 2008 established the Troubled Asset Relief Program (TARP), which authorizes the Department of the Treasury to purchase or insure troubled assets as a way to promote stability in financial markets. Section 202 of that legislation requires a report on those transactions This is the third statutory report on TARP¿s transactions. Charts and tables.

Government Bailout

Government Bailout PDF Author: Adelaide D. Lefebvre
Publisher: Nova Science Pub Incorporated
ISBN: 9781607415688
Category : Political Science
Languages : en
Pages : 190

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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.

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: Gene L. Dodaro
Publisher: DIANE Publishing
ISBN: 1437914705
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 through its Office of Financial Stability. Treasury was granted this authority in response to the financial crisis that has threatened the stability of the U.S. banking system and the solvency of numerous financial institutions. This testimony is based primarily on a March 31, 2009 report -- the third under the act's mandate, which covers the actions taken as part of TARP through March 27, 2009, and follows up on the recommendations made in previous reports. Charts and tables.

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 (Tarp)

Troubled Asset Relief Program (Tarp) PDF Author: Baird Webel
Publisher: CreateSpace
ISBN: 9781503009325
Category :
Languages : en
Pages : 30

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Book Description
The Troubled Asset Relief Program (TARP) was created by the Emergency Economic Stabilization Act1 (EESA) enacted on October 3, 2008. EESA was passed by Congress and signed by President George W. Bush to address an ongoing financial crisis that reached near-panic proportions in September 2008.

Troubled Asset Relief Program

Troubled Asset Relief Program PDF Author: Gene L. Dodaro
Publisher: DIANE Publishing
ISBN: 1437913008
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
This is the second report on the Troubled Asset Relief Program (TARP). It follows up on the nine recommendations from a December 2, 2008, report. It also reviews: (1) the nature and purpose of activities that had been initiated under TARP as of January 23, 2009; (2) Treasury's Office of Financial Stability (OFS) hiring and transition efforts, use of contractors, and progress in developing a system of internal control; and (3) preliminary indicators of TARP's performance. To do this work, the auditor reviewed signed agreements and other relevant documentation and met with officials from OFS, contractors, federal agencies, and some participating institutions. Charts and tables.

Taking Stock

Taking Stock PDF Author: Elizabeth Warren
Publisher: DIANE Publishing
ISBN: 1437930557
Category : Political Science
Languages : en
Pages : 182

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Book Description


Report on the Troubled Asset Relief Program

Report on the Troubled Asset Relief Program PDF Author: Avi Lerner
Publisher: DIANE Publishing
ISBN: 1437931197
Category : Business & Economics
Languages : en
Pages : 16

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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 TARP¿s 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 CBO¿s and OMB¿s Estimates; (4) Changes from CBO¿s January Estimates. Charts and tables.

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.