TARP

From ACT Wiki
Revision as of 20:28, 4 July 2022 by imported>Doug Williamson (Mend link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Global Financial Crisis (GFC) - US Treasury.

TARP is an abbreviation for Troubled Assets Relief Program, under which funds were invested by the US Treasury.


It was established to help stabilise the US financial system, restart economic growth, and prevent avoidable bankruptcies in the aftermath of the GFC.

TARP invested over $400bn in the period 2008-2010.


See also