Answer:
The US Treasury invested billions of dollars in companies hit hardest by the crisis.
Taxpayer money was used to help several large financial firms stay in business.
Explanation:
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis. TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks. From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis.
TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks.
From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
TARP was controversial at the time, and its effectiveness continues to be debated.
From the diary of a Surgeon at Valley Forge
Two important aspects of the U.S. Constitution; federalism<span> and the separation of powers; represent, in part, the framers' efforts to divide governmental </span>power. Federalism limits<span> government by creating two sovereign powers; the </span>national <span>government and state government; thereby restraining the influence of both.</span>
the speaker of the house does not have to be an elected member of the house of reresentitives and because the speaker is next to become president it has more power than the president of the senate
<span>The father is the breadwinner and the mother handles household work.</span>