Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues
Author | : Thomas J. McCool |
Publisher | : DIANE Publishing |
Total Pages | : 16 |
Release | : 2011 |
ISBN-10 | : 9781437919660 |
ISBN-13 | : 1437919669 |
Rating | : 4/5 (60 Downloads) |
Download or read book Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues written by Thomas J. McCool and published by DIANE Publishing. This book was released on 2011 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. The Emergency Economic Stabilization Act that authorized TARP on Oct. 3, 2008, requires a report at least every 60 days on findings resulting from oversight of the status of actions taken under the program. This statement is based on the 5th mandated report, issued on June 17, 2009, which follows up on the previous recommendations and covers the actions taken as part of TARP through June 12, 2009. Specifically, this statement focuses on: (1) the nature and purpose of activities that have been initiated under TARP, including repurchases of preferred shares and warrants; (2) Treasury¿s efforts to establish a management structure for TARP; and (3) outcomes measured by indicators of TARP¿s performance. Charts and tables.