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What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?

What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?
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What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?

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User Deividi Cavarzan
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The US government financially rescued failing banks to stabilize a struggling economy.
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User Patrick Fromberg
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The purpose was so the US government could rescue failing banks to stabilize the economy. 
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User Tobias
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