Financial Turmoil : Comparing the Troubled Asset Relief Program to the Federal Reserve's Response.

Reviews increase in Federal Reserve lending to financial firms eligible borrowers, in light of current financial crisis; and considers the troubled asset relief program (TARP) to purchase up to $700 billion of distressed assets, authorized by P.L. 110-343. Compares and contrasts financial assistance...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2008.
Series:	U.S. Congressional Research.
Subjects:	Business cycles. Financial institutions. Fiscal policy. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Reviews increase in Federal Reserve lending to financial firms eligible borrowers, in light of current financial crisis; and considers the troubled asset relief program (TARP) to purchase up to $700 billion of distressed assets, authorized by P.L. 110-343. Compares and contrasts financial assistance through the Federal Reserve and TARP.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.