Troubled Asset Relief Program : 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 / U.S. Government Accountability Office.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office

Language:

English

Subjects (All):

Capital Purchase Program (U.S.).

Financial services industry--Subsidies--United States.

Financial services industry.

Capital investments--Government policy--United States.

Capital investments.

Small business--Finance--Government policy--United States.

Small business.

Capital investments--Government policy.

Small business--Finance--Government policy.

United States.

Physical Description:

1 online resource (ii, 53 pages) : illustrations, maps

Other Title:

Opportunities exist to apply lessons learned from the Capital Purchase Program to similarly designed programs and to improve the repayment process

Place of Publication:

[Washington, D.C.] : U.S. Govt. Accountability Office, [2010]

Summary:

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."

Includes bibliographical references.

"GAO-11-47."

OCLC:

696217526