Financial Assistance

Financial Assistance
Author: Orice Williams Brown
Publisher: DIANE Publishing
Total Pages: 97
Release: 2011
Genre: Business & Economics
ISBN: 1437937438

This is a print on demand edition of a hard to find publication. The recent financial crisis resulted in a wide-ranging federal response that included providing assistance to several major corp. As a result of actions under the Troubled Asset Relief Program (TARP) and others, the government was a shareholder in the Amer. International Group; Bank of Amer.; Citigroup; Chrysler; General Motors; Ally Financial/GMAC; and Fannie Mae and Freddie Mac. This report: (1) describes the government¿s ownership interest and evaluates the extent of government involvement in these companies; (2) discusses the government¿s management and monitoring of its investments and exit strategies; and (3) identifies lessons learned from the federal actions. Charts and tables.

Troubled Asset Relief Program (TARP)

Troubled Asset Relief Program (TARP)
Author: Orice Williams Brown
Publisher: DIANE Publishing
Total Pages: 24
Release: 2010-10
Genre: Business & Economics
ISBN: 1437926959

The recent financial crisis resulted in a wide-ranging fed. response that included infusing capital into several major corp. TARP has been the primary vehicle for most of these actions. The gov¿t. is a shareholder in AIG, Citigroup, Chrysler, and GM, among others. As market conditions have become less volatile, the gov¿t. has been considering how best to manage these investments and ultimately divest them. This testimony discusses: (1) the gov¿t¿s. approach to past crisis and challenges unique to the current crisis; (2) the principles guiding the Treasury¿s implementation of its authorities and mechanisms for managing its investments; and (3) preliminary views on the fed. government¿s monitoring and management of its investments.

Troubled Asset Relief Program

Troubled Asset Relief Program
Author: Gene L. Dodaro
Publisher: DIANE Publishing
Total Pages: 117
Release: 2010-03
Genre: Business & Economics
ISBN: 1437918166

The fifth report on the Troubled Asset Relief Program (TARP) follows up on prior recommendations. It also reviews: (1) activities that had been initiated or completed under TARP as of June 12, 2009; (2) the Department of the Treasury's Office of Financial Stability's (OFS) hiring efforts and use of contractors; and (3) TARP performance indicators. To do this, the author reviewed signed agreements and other relevant documentation and met with officials from OFS, contractors, and financial regulators. Includes recommendations. Charts and tables.