TITLE

Tarp Rules Cited in Travel Drop

PUB. DATE
March 2009
SOURCE
American Banker;3/24/2009, Vol. 174 Issue 56, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses a survey by the U.S. Travel Association which found that approximately $1 billion hotel cancellations occurred in January and February 2009. The trade association attributed the decline to government restrictions on banks such as Northern Trust Corp. and Wells Fargo Bank, both of whom had received bailout funds from the U.S. government's Troubled Asset Relief Program (TARP).
ACCESSION #
37150751

 

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