During the 2008 financial crisis, which program bought failing loans and purchased stock in American automobile companies?

Question

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The Troubled Assets Relief Program (TARP) was enacted in 2008 by the United States government following the financial crisis. Its purpose was to purchase assets and equity from financial institutions to strengthen the financial sector. This program bought failing loans and purchased stock in American automobile companies.

During the 2008 Financial Crisis, Which Program Bought Failing Loans