Question

The "bail-out" money that went to giant financial institutions like citibank and goldman sachs, along with general motors and chrysler during the financial crisis and the great recession, came from the:

Answer 1

The bail-out money that exited to giant financial organizations like citibank and goldman sachs beside with general motors and Chrysler came from the troubled assets relief program. The troubled assets relief program is a program of the united states government to buy toxic assets and equity from financial organizations to reinforce its monetary sector that was employed into law by president george w. bush on october 3, 2008.