WebJul 21, 2009 · Frank is trying to turn TARP into a “slush fund for other pet projects,” said Rep. Scott Garrett (R-N.J.), who sits on the Financial Services Committee. Frank says he just wants a “TARP for ... WebMar 6, 2010 · Connections to Congressmen on finance committees and representation at the Federal Reserve via board members are positively related to banks' likelihood of receiving TARP capital.
GAO-16-91R; Troubled Asset Relief Program: Status of Remaining ...
WebShortly after Citi received TARP capital late last year, we created a Special TARP Committee of senior executives to approve, monitor and track how we use it. The Committee has established specific guidelines , which are consistent with the objectives and spirit of the Treasury investment program. WebTARP recipients generally are required to have a compensation committee consisting solely of independent directors (with independence determined by reference to the federal … kitchen counter tables and stools
TARP Investments: Financials and Politics Request PDF
WebCiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): We investigate the determinants of capital allocation to financial institutions under the Troubled Asset Relief Program (TARP). We find that banks ’ political ties play a significant role in TARP fund distribution. Connections to Congressmen on finance committees and … Webthe TARP Investment Committee, composed of senior Treasury officials. The Committee could grant preliminary approval for an appli-cation and send it to the assistant secretary for financial stability, who had the final authority to approve the application. Category 2 applications were sent to the investment committee at the Treasury’s Office WebPage 6 GAO-16-91R TARP: Status of Remaining Investment Programs Congressional Committees Status Treasury continues to wind down the Capital Purchase Program (CPP), and as of August 2015the financial markets and banking repayments and income had exceeded the total amount of original outlays. Treasury disbursed almost $205 billion to … kitchen counter table extension