TITLE

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

PUB. DATE
October 2010
SOURCE
GAO Reports;10/4/2010, preceding p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article presents a report from the U.S. Government Accountability Office (GAO) which examined the characteristics of financial institutions that received the Capital Purchase Program (CPP) funding. The report also investigated the implementation of the CPP by the Treasury Department with the assistance of federal bank regulators. It recommended the Treasury Department to implement a process for monitoring CPP applications.
ACCESSION #
55120211

 

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