Troubled Asset Relief Program
Subtitle: opportunities exist to apply lessons learned from the Capital Purchase Program to similarly designed programs and to improve the repayment process : report to congressional committees
By: U.S. Government Accountability Office
Publisher: U.S. Govt. Accountability Office
Published: 2010
Place of publication: Washington, D.C.]
Language: eng
Format: [electronic resource] :
Number of pages: 53
Subjects: Financial services industry; Subsidies; Capital investments; Government policy; Small business; Finance; Capital Purchase Program (U.S.)
Other titles: Opportunities exist to apply lessons learned from the Capital Purchase Program to similarly designed programs and to improve the repayment process
Description: Congress created the Troubled Asset Relief Program to restore liquidity and stability in the financial system. The Department of the Treasury, among other actions, established the Capital Purchase Program (CPP) as its primary initiative to accomplish these goals by making capital investments in eligible financial institutions. This report examines (1) the characteristics of financial institutions that received CPP funding and (2) how Treasury implemented CPP with the assistance of federal bank regulators. GAO analyzed data obtained from Treasury case files, reviewed program documents, and interviewed officials from Treasury and federal bank regulators. Cf. Highlights.
Notes: Title from PDF title screen (GAO, viewed Jan. 11, 2011).

"October 2010."

"GAO-11-47."

Includes bibliographical references.