Statements (54)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:government
|
gptkbp:administered_by |
gptkb:Office_of_Financial_Stability
|
gptkbp:concluded_on |
mixed results
lessons learned need for better crisis management |
gptkbp:controversy |
executive compensation limits
use of funds |
gptkbp:criticism |
lack of transparency
moral hazard benefits to large banks |
gptkbp:duration |
2008 to 2014
|
gptkbp:evaluates |
gptkb:government_agency
gptkb:Congressional_Budget_Office cost-benefit analysis financial performance metrics economic impact assessment |
gptkbp:form |
gptkb:Troubled_Asset_Relief_Program
|
gptkbp:funding |
government bonds
taxpayer money $700 billion |
gptkbp:historical_significance |
influenced public policy debates
set precedent for future interventions first major bailout program |
https://www.w3.org/2000/01/rdf-schema#label |
TARP program
|
gptkbp:impact |
job preservation
financial sector recovery credit market stabilization |
gptkbp:includes |
asset guarantee program
automotive industry financing program capital purchase program home affordable modification program public-private investment program |
gptkbp:initiated_by |
gptkb:United_States_Department_of_the_Treasury
|
gptkbp:is_implemented_in |
gptkb:Emergency_Economic_Stabilization_Act
|
gptkbp:is_set_in |
gptkb:Federal_Reserve
banking institutions homeowners automotive companies U. S. Treasury Secretary |
gptkbp:legacy |
financial regulation reforms
increased government oversight public perception of bailouts |
gptkbp:legislation |
gptkb:Dodd-Frank_Act
|
gptkbp:outcome |
profit for taxpayers
|
gptkbp:purpose |
stabilize the financial system
|
gptkbp:related_to |
gptkb:2008_financial_crisis
|
gptkbp:success |
prevented economic collapse
repaid funds stabilized banks |
gptkbp:year_established |
gptkb:2008
|
gptkbp:bfsParent |
gptkb:Financial_Crisis_of_2007–2008
gptkb:Financial_crisis_of_2007–2008 gptkb:Financial_Crisis_of_2008 |
gptkbp:bfsLayer |
4
|