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2. Troubled Asset Relief Program - Wikipedia

   en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

   TARP allowed the United States Department of the Treasury to purchase or insure up to $700 billion of "troubled assets," defined as "(A) residential or commercial obligations will be bought, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes ...

3. Oversight of the Troubled Asset Relief Program - Wikipedia

   en.wikipedia.org/wiki/Oversight_of_the_Troubled...

   The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector General for TARP (SIGTARP), the Financial Stability Oversight Board, and additional requirements for the Government Accountability Office (GAO) and the ...

4. Emergency Economic Stabilization Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Emergency_Economic...

   On February 10, 2009, the newly confirmed Secretary of the Treasury Timothy Geithner outlined his plan to use the $300 billion (~$414 billion in 2023) or so dollars remaining in the TARP funds. He mentioned that the U.S. Treasury and Federal Reserve wanted to help fund private investors to buy toxic assets from banks, but few details have yet ...

5. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   The crisis had a significant and long-lasting impact on U.S. employment. During the Great Recession, 8.5 million jobs were lost from the peak employment in early 2008 of approximately 138 million to the trough in February 2010 of 129 million, roughly 6% of the workforce. From February 2010 to September 2012, approximately 4.3 million jobs were ...

6. Neel Kashkari - Wikipedia

   en.wikipedia.org/wiki/Neel_Kashkari

   Neel Tushar Kashkari [1] (born July 30, 1973) is an American banker, economist and politician who is the president of the Federal Reserve Bank of Minneapolis.As interim Assistant Secretary of the Treasury for Financial Stability from October 2008 to May 2009, he oversaw the Troubled Asset Relief Program (TARP) that was a major component of the U.S. government's response to the Financial crisis ...

7. AOL.com - News, Sports, Weather, Entertainment, Local & Lifestyle

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   AOL latest headlines, entertainment, sports, articles for business, health and world news.