The Treasury used most of the funds allocated by the Troubled Asset Relief Program (TARP) to:
A) purchase mortgage-backed securities.
B) make equity injections into troubled financial institutions.
C) create a new regulatory agency to oversee risky assets.
D) make emergency loans to the FDIC.

Question

Quizplus · Accepted Answer

The Treasury used most of the TARP funds to make equity injections into troubled financial institutions, such as Bank of America, Citigroup, and AIG, to help stabilize the financial system during the 2008 financial crisis.

The Treasury Used Most of the Funds Allocated by the Troubled