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A total of $700,000,000,000 (Billion) of US Government money was taken to give to US private banks. This is a list of the banks that have taken money and ones that have paid it back.
- http://www.financialstability.gov/latest/index.html
- http://www.financialstability.gov/docs/transaction-reports/1-13-10%20Transactions%20Report%20as%20of%201-12-10.pdf
- http://projects.nytimes.com/creditcrisis/recipients/table
The deadline was extended to October 2010...... Many have not exited yet.
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What is the official name of the 2008 federal bailout?
Emergency Economic Stabilization Act of 2008 (EESA). It is also referred to by Treasury Secretary Hank Paulson as a Troubled Asset Relief Program or TARP
Why did CIT Group file for Chapter 11 bankruptcy?
Its bankruptcy filing was largely due to the decline in housing and mortgage markets. It did receive $2.3 billion in Troubled Asset Relief Program (TARP) funds but was ultimately not enough for the firm to avoid bankruptcy.
What did TARP accomplish?
Economically bankrupting the future of the global economy. Wait for it, wait for it...
How does the economy affect banks?
Commercial banks - NO. National banks - YES.
What does exit mean?
It's a form of being over happy or glad something is going or is happening. If you are exited you are feeling bubbly and very cheerful
Have most banks repaid their TARP money?
Most banks repaid TARP funds using capital raised from the issuance of equity. J.P. Morgan, Chase, and 10 more of the nation's largest banks have officially paid back their TARP money.
What does TARP stand for in government tarp money?
Troubled Asset Relief Program
What banks took tarp money?
The program has been extended until October 2010, and there have been modifications to the original program.Here is the ongoing list of TARP recipients from the NY Times website:http://projects.nytimes.com/creditcrisis/recipients/tableIt's a big list.
Which large banks did not receive tarp funds?
Type your answer here... chase
Which investment banks took TARP money?
Some American investment banks that took TARP money include the Bank of New York Mellon, Capital One Financial Bank, State Street Bank, and Northern Trust Bank.
What does TARP signify?
When congress passed the Tarp Act it stood for "Troubled Asset Relief Program" but in reality it means "Taxpayers Assaulted, Raped and Pillaged"
What is a TARP plan?
Threat Awareness and Reporting Program, covered in AR 381-12.
Who is the CEO of TARP?
Elizabeth Warren is chairwoman of the Troubled Asset Relief Program oversight board.
What is tarp funding?
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions in order to strengthen the financial sector. It is the largest component of the government's measures in 2008 to address the subprime mortgage crisis.
How can you get back in your home on imvu if you exited out?
Run the program again! (The "RunIMVU" Icon, wherever you had saved it.)
Is the government more likely to close small banks or larger banks?
I would think smaller ones, because if a Large Bank falls, there may be a destabilizing effect on the economy. TARP was aimed mainly at the large banks - which proved to be a smart decision because those banks are the backbone of the financial sector.
What Banks Participate in medallion sicnature guarantee program in Wichita Ks?
What Banks participate in medallion signature guarantee program in Kansas
