TARP program

GPTKB entity

Statements (40)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:administeredBy gptkb:U.S._Department_of_the_Treasury
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 program
gptkbp:initialFunding $700 billion
gptkbp:legislationSignedBy gptkb:President_George_W._Bush
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
gptkb:Office_of_Financial_Stability
gptkbp:purpose inject capital into banks
purchase toxic assets
stabilize financial system
gptkbp:recipient banks
insurance companies
credit markets
automotive companies
gptkbp:reducedFunding $475 billion
gptkbp:relatedTo gptkb:Term_Asset-Backed_Securities_Loan_Facility
gptkb:Automotive_Industry_Financing_Program
gptkb:Capital_Purchase_Program
gptkb:Public-Private_Investment_Program
gptkbp:repayments majority of funds repaid
gptkbp:response gptkb:2007–2008_financial_crisis
gptkbp:startDate 2008
gptkbp:successor gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:website https://www.treasury.gov/initiatives/financial-stability/TARP-Programs/Pages/default.aspx
gptkbp:bfsParent gptkb:Global_Financial_Crisis
gptkb:2008_Financial_Crisis
gptkbp:bfsLayer 6