KiannaR KiannaR
  • 24-01-2017
  • History
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What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?

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WyleECoyote
WyleECoyote WyleECoyote
  • 24-01-2017
Troubled Assets Relief Program (TARP) is a program of the United States government whose main purpose is to purchase assets and equity from financial institutions in order to strengthen its financial sector. It was signed by President George W. Bush on October 3.

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Beno2018 Beno2018
  • 30-01-2017

The US government financially rescued failing banks to stabilize a struggling economy.
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