Troubled Asset Relief Program

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Troubled Asset Relief Program (TARP)

A $700 billion fund created in response to the credit crunch that hit the US in 2008. The original intent of the fund was to allow the Treasury to buy illiquid mortgage-related assets. The fund was ultimately used to provide direct capital infusions to distressed financial institutions.
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Content covers "all current, hot-button issues and developments facing the industry today," CCH said, including the Emergency Economic Stabilization Act, Troubled Asset Relief Program, Bank Secrecy and USA Patriot Acts, Fair and Accurate Credit Transaction Act, subprime mortgage and securitization issues, and money laundering and financial fraud.
THE FTSE 100 closed down 43.73 points on Friday at 4286.93 as investors digested the news that US automakers will be able to access the Troubled Asset Relief Program.
14 that it has hired New York-based Bank of New York Mellon to serve as Treasury's custodian for the implementation of the Troubled Asset Relief Program (TARP) authorized under the Emergency Economic Stabilization Act.
(NYSE: FBC) has completed its repayment of funds initially received under the Troubled Asset Relief Program (TARP), the company said.
National Security Interests, Fiscal Sustainability and Debt Challenges, Economic Recovery and Restored Growth, Composition of State and Local Recovery Act Funding, and the Troubled Asset Relief Program (TARP).
Howard Milstein, head of Milstein PropertiesHoward Milstein, head of Milstein PropertiesEmigrant Savings Bank, the struggling Milstein-owned institution and the lone major city holdout in the federal government's Troubled Asset Relief Program, received $30 million in capital infusions from the Milsteins during the fourth quarter of 2009, according to a recent report to the Federal Reserve.
Early indications from the Treasury Department suggest that the Troubled Asset Relief Program, which bet billions of taxpayer dollars on bailouts of the nation's financial sector beginning in late 2008, may not have been as troubling as critics feared.
Obama administration officials continue to stress concerns about ensuring sufficient capital in the financial system,even as several financial institutions have begun lining up to return funds borrowed under the government's $700 billion troubled asset relief program to cope with the financial crisis.
credit card company, $500 million after the Federal Reserve on Monday imposed capital-raising requirements on large lenders hoping to repay bailout funds received under the Troubled Asset Relief Program (TARP).
The Treasury, which already holds $40 billion in preferred AIG shares acquired through the Troubled Asset Relief Program, upped its commitment under a restructured bailout that includes a new $30 billion standby equity capital facility.