tarp News

tarp News From AOL News

Fox News Viewers Believe the Darndest Things, Study Finds

(Dec. 17) -- Fair and balanced ... and factually incorrect? A newly released study out of the University of Maryland concludes that viewers of the Fox News Channel were "significantly more likely" to believe a host of factually incorrect information than viewers who watched other television news organizations. Fox is by...

TARP Price Tag Down to $25 Billion, CBO Finds

(Nov. 29) -- Talk about bang for your buck! The Congressional Budget Office said today that the final price tag for the Troubled Asset Relief Program would total $25 billion when all is said and done. Considering that the U.S. government originally plunked down $700 billion to help rescue the nation's teetering financial...

Boffo GM IPO Highlights Secret of TARP's Success

ANALYSIS (Nov. 19) -- The success of General Motors' return to the stock market caps the revival of a one-time bastion of American industry all but left for dead by investors just two years ago. But it is also the latest achievement to mark the quiet triumph of the multibillion-dollar government financial programs begun...

Panel Warns of Nightmare Scenarios for Housing Crisis

(Nov. 16) -- The "robo-signing" scandal at the heart of the current foreclosure crisis may be just the tip of a legal iceberg that threatens to destabilize the American financial system just as the government is least equipped to support it. That's the judgment of the Congressional Oversight Panel, the watchdog agency...

Why Are Bailed Out Firms Abandoning Democrats?

(Oct. 25) -- The bailout of Wall Street and Detroit's automakers couldn't have passed without the support of Democrats. But bailed-out firms aren't returning the favor. According to The Washington Post, most of the campaign donations from bailed-out companies are going to Republicans, some of whom ardently opposed the...

Background on tarp

The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S.

more at wikipedia »