In the fall of 2008, the U.S. Treasury and the Federal Reserve together attempted to deal with the collapse of major financial institutions through

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The Troubled Assets Relief Program (TARP) was created in the fall of 2008 to deal with the collapse of major financial institutions. It allowed the U.S. Treasury to purchase toxic assets and troubled securities from banks in an effort to stabilize the financial system.

In the Fall of 2008, the U