TITLE

Tarp Evolves

PUB. DATE
March 2009
SOURCE
Mergers & Acquisitions Report;3/9/2009, Vol. 22 Issue 10, p23
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports top officials at the Federal Reserve Board and the Federal Deposit Insurance Corp. (FDIC) in the U.S. are close to developing a plan to purchase illiquid assets from banks. The new plan is being developed because the Troubled Asset Relief Program (TARP) has been stopped. Fed Chairman Ben Bernanke suggested public purchase of troubled assets.
ACCESSION #
44127879

 

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