What is one of the things that the Troubled Asset Relief Program (TARP)allowed the government to do to help financial institutions?
A) Offer guidance on how to make better financial decisions
B) Buy up hundreds of millions of dollars of preferred shares of banking securities
C) Totally forgive the debt at troubled banks
D) Send depositors checks to cover their lost investments
E) Establish a central government bank to replace all failed banks

Question

Quizplus · Accepted Answer

The TARP program allowed the government to purchase $250 million in preferred shares from troubled banks.

What Is One of the Things That the Troubled Asset