bank bailout (TARP)

GPTKB entity

Statements (38)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:abbreviation gptkb:TARP
gptkbp:administeredBy gptkb:U.S._Department_of_the_Treasury
gptkbp:approvedBy gptkb:Emergency_Economic_Stabilization_Act_of_2008
gptkbp:country gptkb:United_States
gptkbp:criticizedFor bailing out Wall Street
insufficient homeowner relief
gptkbp:dateEnacted October 3, 2008
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:endDate October 3, 2010
gptkbp:fundingReducedTo $475 billion
https://www.w3.org/2000/01/rdf-schema#label bank bailout (TARP)
gptkbp:initialFunding $700 billion
gptkbp:legislationNumber gptkb:H.R._1424
gptkbp:netCostToTaxpayers estimated under $32 billion
gptkbp:officialName gptkb:Troubled_Asset_Relief_Program
gptkbp:oversees gptkb:Congressional_Oversight_Panel
gptkb:Special_Inspector_General_for_TARP
gptkbp:praisedFor preventing financial collapse
gptkbp:purpose address subprime mortgage crisis
stabilize financial system
gptkbp:relatedEvent gptkb:2007–2008_financial_crisis
gptkb:Great_Recession
gptkbp:relatedTo gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkb:Automotive_Industry_Financing_Program
gptkb:Capital_Purchase_Program
gptkb:Home_Affordable_Modification_Program
gptkb:Public-Private_Investment_Program
Federal Reserve emergency lending
gptkbp:repaidAmount over $441 billion
gptkbp:signedBy gptkb:George_W._Bush
gptkbp:target automotive industry
banks
insurance companies
investment firms
gptkbp:website https://www.treasury.gov/initiatives/financial-stability/TARP-Programs/Pages/default.aspx
gptkbp:bfsParent gptkb:Presidency_of_George_W._Bush
gptkbp:bfsLayer 7