TARP (Troubled Asset Relief Program)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:government_agency
gptkbp:abbreviation	gptkb:TARP
gptkbp:actualFundsDisbursed	approximately $426 billion
gptkbp:administeredBy	gptkb:U.S._Department_of_the_Treasury
gptkbp:benefit	gptkb:General_Motors gptkb:AIG gptkb:Bank_of_America gptkb:Citigroup gptkb:Chrysler
gptkbp:controversy	public opposition moral hazard executive bonuses
gptkbp:country	gptkb:United_States
gptkbp:enactedBy	gptkb:Emergency_Economic_Stabilization_Act_of_2008
gptkbp:endDate	2014
gptkbp:fullName	gptkb:Troubled_Asset_Relief_Program
https://www.w3.org/2000/01/rdf-schema#label	TARP (Troubled Asset Relief Program)
gptkbp:legislationSignedBy	gptkb:President_George_W._Bush
gptkbp:maximumAuthorizedFunds	$700 billion
gptkbp:oversees	gptkb:Congressional_Oversight_Panel gptkb:Special_Inspector_General_for_TARP_(SIGTARP)
gptkbp:purpose	inject capital into banks purchase toxic assets stabilize financial system
gptkbp:relatedTo	gptkb:2007–2008_financial_crisis gptkb:Great_Recession 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:result	debate over effectiveness partial recovery of funds stabilization of major banks
gptkbp:startDate	2008
gptkbp:bfsParent	gptkb:George_W._Bush_administration gptkb:2007–2008_financial_crisis
gptkbp:bfsLayer	5