Cost of Government Financial Interventions, Past and Present.
Discusses 2008 and 2009 Federal Government financial interventions affecting Bank of America, U.S. auto industry, Citigroup, American International Group, FNMA (Fannie Mae), Federal Home Loan Mortgage Corp. (Freddie Mac), and Bear Stearns. Explains where money has come from, estimates cost, and pres...
| Corporate Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
[publisher not identified],
2009.
|
| Series: | U.S. Congressional Research.
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Discusses 2008 and 2009 Federal Government financial interventions affecting Bank of America, U.S. auto industry, Citigroup, American International Group, FNMA (Fannie Mae), Federal Home Loan Mortgage Corp. (Freddie Mac), and Bear Stearns. Explains where money has come from, estimates cost, and presents information on past financial interventions. Summarizes troubled assets relief program (TARP), which gave Department of Treasury the option of purchasing or insuring up to $700 billion of distressed assets from financial firms. |
|---|---|
| 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. |