Obama bailout program takes shape

Hoxter, Curtis J.
February 2009
Caribbean Business;2/26/2009, Vol. 37 Issue 8, p14
The article discusses the core elements included in U.S. President Barack Obama's bailout program which is supported by the Treasury. One element is a new Capital Assistance Program to help ensure U.S. banking institutions have sufficient capital to resist the challenges ahead. Also included are a new Public-Private Investment fund and a new Treasury and Federal Reserve initiative to largely expand the current Term Asset-Backed Securities Lending Facility (TALF).


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