Troubled Asset Relief Program

Author : Timothy G. Massad
Publisher : DIANE Publishing
Page : 98 pages
File Size : 47,7 Mb
Release : 2011-04
Category : Business & Economics
ISBN : 9781437940985

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Troubled Asset Relief Program (TARP) by Timothy G. Massad Pdf

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.

Author : Avi Lerner
Publisher : DIANE Publishing
Page : 16 pages
File Size : 53,6 Mb
Release : 2010-08
Category : Political Science
ISBN : 9781437931594

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Report on the Troubled Asset Relief Program (TARP) by Avi Lerner Pdf

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.

Author : Gene L. Dodaro
Publisher : DIANE Publishing
Page : 16 pages
File Size : 47,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781437914702

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Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues by Gene L. Dodaro Pdf

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.

Author : Gene L. Dodaro
Publisher : DIANE Publishing
Page : 112 pages
File Size : 46,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781437924046

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Troubled Asset Relief Program by Gene L. Dodaro Pdf

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.

Author : Adelaide D. Lefebvre
Publisher : Nova Science Pub Incorporated
Page : 190 pages
File Size : 54,9 Mb
Release : 2010
Category : Political Science
ISBN : 1607415682

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Government Bailout by Adelaide D. Lefebvre Pdf

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.

Author : Gene L. Dodaro
Publisher : DIANE Publishing
Page : 112 pages
File Size : 45,9 Mb
Release : 2009-11
Category : Business & Economics
ISBN : 9781437913002

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Troubled Asset Relief Program by Gene L. Dodaro Pdf

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.

Author : Baird Webel
Publisher : CreateSpace
Page : 30 pages
File Size : 54,5 Mb
Release : 2014-10-31
Category : Electronic
ISBN : 1503009327

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Troubled Asset Relief Program (Tarp) by Baird Webel Pdf

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.

Author : Avi Lerner
Publisher : DIANE Publishing
Page : 16 pages
File Size : 42,5 Mb
Release : 2010-08
Category : Business & Economics
ISBN : 9781437931198

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Report on the Troubled Asset Relief Program by Avi Lerner Pdf

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.

Author : Richard J. Hillman
Publisher : DIANE Publishing
Page : 16 pages
File Size : 49,7 Mb
Release : 2010-02
Category : Business & Economics
ISBN : 9781437917048

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Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues by Richard J. Hillman Pdf

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.

Author : Gene L. Dodaro
Publisher : DIANE Publishing
Page : 72 pages
File Size : 40,7 Mb
Release : 2009-03
Category : Business & Economics
ISBN : 9781437911244

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Troubled Asset Relief Program by Gene L. Dodaro Pdf

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.

Author : Avi Lerner
Publisher : DIANE Publishing
Page : 16 pages
File Size : 51,5 Mb
Release : 2011-05
Category : Business & Economics
ISBN : 9781437943429

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Report on the Troubled Asset Relief Program by Avi Lerner Pdf

In October 2008, the Emergency Economic Stabilization Act of 2008 established the Troubled Asset Relief Program (TARP) to enable 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 the Congressional Budget Office (CBO) to prepare a report on those transactions within 45 days of a report issued by the Office of Management and Budget (OMB) on the TARP¿s activities. This fourth statutory report from CBO on the TARP¿s transactions follows the report that OMB submitted to the Congress on October 15, 2010. Charts and tables. This is a print on demand edition of an important, hard-to-find report.

Author : United States. Congressional Oversight Panel
Publisher : Unknown
Page : 72 pages
File Size : 45,7 Mb
Release : 2009
Category : Business & Economics
ISBN : PURD:32754081187217

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Accountability for the Troubled Asset Relief Program by United States. Congressional Oversight Panel Pdf

Author : Gene L. Dodaro
Publisher : DIANE Publishing
Page : 100 pages
File Size : 47,6 Mb
Release : 2009-12
Category : Business & Economics
ISBN : 9781437914726

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Troubled Asset Relief Program by Gene L. Dodaro Pdf

The third report on the Troubled Asset Relief Program (TARP) follows up on recommendations from the Jan. 28, 2009, report. It also reviews: (1) the nature and purpose of activities that had been initiated under TARP as of March 27, 2009; (2) the Office of Financial Stability's hiring efforts, use of contractors, and progress in developing an internal control system; and (3) TARP performance indicators. As of March 27, 2009, Treasury had disbursed $303.4 billion of the $700 billion in TARP funds. Most of the funds (almost $199 billion) went to purchase preferred shares of 532 financial institutions under the Capital Purchase Program (CPP), Treasury's primary vehicle under TARP for stabilizing financial markets. Includes recommend. Charts.

Author : Thomas J. McCool
Publisher : DIANE Publishing
Page : 16 pages
File Size : 41,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781437919660

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Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues by Thomas J. McCool Pdf

This is a print on demand edition of a hard to find publication. The Emergency Economic Stabilization Act that authorized TARP on Oct. 3, 2008, requires a report at least every 60 days on findings resulting from oversight of the status of actions taken under the program. This statement is based on the 5th mandated report, issued on June 17, 2009, which follows up on the previous recommendations and covers the actions taken as part of TARP through June 12, 2009. Specifically, this statement focuses on: (1) the nature and purpose of activities that have been initiated under TARP, including repurchases of preferred shares and warrants; (2) Treasury¿s efforts to establish a management structure for TARP; and (3) outcomes measured by indicators of TARP¿s performance. Charts and tables.

Author : Allen Berger,Raluca Roman
Publisher : Academic Press
Page : 476 pages
File Size : 43,6 Mb
Release : 2020-06-09
Category : Business & Economics
ISBN : 9780128138656

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TARP and other Bank Bailouts and Bail-Ins around the World by Allen Berger,Raluca Roman Pdf

Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best respond to such crises and their consequences. Two policy responses became prominent for dealing with these distressed institutions since the last Global Financial Crisis: bailouts and bail-ins. The main questions surrounding these responses touch everyone: Are bailouts or bail-ins good for the financial system and the real economy? Is it essential to save distressed financial institutions by putting taxpayer money at risk in bailouts, or is it better to use private money in bail-ins instead? Are there better options, such as first lines of defense that help prevent such distress in the first place? Can countercyclical prudential and monetary policies lessen the likelihood and severity of the financial crises that often bring about this distress? Through careful analysis, authors Berger and Roman review and critically assess the extant theoretical and empirical research on many resolution approaches and tools. Placing special emphasis on lessons learned from one of the biggest bailouts of all time, the Troubled Asset Relief Program (TARP), while also reviewing other programs and tools, TARP and Other Bank Bailouts and Bail-Ins around the World sheds light on how best to protect the financial system on Wall Street and the real economy on Main Street. Presents a well-informed and rich account of bailouts, bail-ins, and other resolution approaches to resolve financially distressed banks. Uses TARP as a key case study of bailouts that has been thoroughly researched. Provides valuable research and policy guidance for dealing with future financial crises.