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

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asked Nov 12, 2018 191k views

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Spencer Ruport · Answer 1 · 2018-11-14T02:56:54+0000

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.

BigDX · Answer 2 · 2018-11-18T14:06:35+0000

Purpose of TARP was "The US government financially rescued failing banks to stabilize a struggling economy".

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

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