|
gptkbp:instanceOf
|
gptkb:government_agency
|
|
gptkbp:abbreviation
|
gptkb:Troubled_Asset_Relief_Program
|
|
gptkbp:actualDisbursed
|
about $426 billion
|
|
gptkbp:administeredBy
|
gptkb:U.S._Department_of_the_Treasury
|
|
gptkbp:benefit
|
automotive industry
banks
insurance companies
credit markets
|
|
gptkbp:controversy
|
public opposition
moral hazard
executive bonuses
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:dateEnacted
|
2008
|
|
gptkbp:enactedBy
|
gptkb:Emergency_Economic_Stabilization_Act_of_2008
|
|
gptkbp:endDate
|
October 3, 2010
|
|
gptkbp:fullName
|
gptkb:Troubled_Asset_Relief_Program
|
|
gptkbp:fundedBy
|
$700 billion
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
TARP
|
|
gptkbp:initialFunding
|
$700 billion
|
|
gptkbp:notableRecipient
|
gptkb:General_Motors
gptkb:AIG
gptkb:Bank_of_America
gptkb:Citigroup
gptkb:Chrysler
|
|
gptkbp:oversees
|
gptkb:Congressional_Oversight_Panel
gptkb:Special_Inspector_General_for_TARP
|
|
gptkbp:purpose
|
inject capital into banks
purchase toxic assets
stabilize financial system
|
|
gptkbp:relatedTo
|
gptkb:Term_Asset-Backed_Securities_Loan_Facility
gptkb:Automotive_Industry_Financing_Program
gptkb:Capital_Purchase_Program
gptkb:Home_Affordable_Modification_Program
gptkb:Public-Private_Investment_Program
|
|
gptkbp:repaidAmount
|
over $441 billion
|
|
gptkbp:response
|
gptkb:2007–2008_financial_crisis
|
|
gptkbp:result
|
stabilization of financial markets
criticism over effectiveness
increased government oversight of banks
recovery of most funds
|
|
gptkbp:signedBy
|
gptkb:President_George_W._Bush
|
|
gptkbp:startDate
|
October 3, 2008
|
|
gptkbp:website
|
https://www.treasury.gov/initiatives/financial-stability
|
|
gptkbp:bfsParent
|
gptkb:TARP_(Troubled_Asset_Relief_Program)
|
|
gptkbp:bfsLayer
|
6
|