Troubled Asset Relief Program (TARP): The U. S. Gov't. Role as Shareholder in AIG, Citigroup, Chrysler, and GM and Preliminary Views on Its Invest. Management Activities
ott 2010 · DIANE Publishing
Ebook
24
pagine
Informazioni su questo ebook
The recent financial crisis resulted in a wide-ranging fed. response that included infusing capital into several major corp. TARP has been the primary vehicle for most of these actions. The gov¿t. is a shareholder in AIG, Citigroup, Chrysler, and GM, among others. As market conditions have become less volatile, the gov¿t. has been considering how best to manage these investments and ultimately divest them. This testimony discusses: (1) the gov¿t¿s. approach to past crisis and challenges unique to the current crisis; (2) the principles guiding the Treasury¿s implementation of its authorities and mechanisms for managing its investments; and (3) preliminary views on the fed. government¿s monitoring and management of its investments.
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