Sloan, Allan
June 2009
Fortune International (Asia);6/22/2009, Vol. 159 Issue 12, p74
The article analyzes the decision of the U.S. Treasury Department to not purchase troubled assets through the $700 billion Troubled Asset Relief Program (TARP). It reports that the Treasury Department used the fund to acquire preferred stock in banks to boost their capital. The Public-Private Investment Program (PPIP) which is on hold and the Fed-Treasury program are also tackled.


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