In 2010,the Treasury estimated that the bank portion of TARP would

Question

Quizplus · Accepted Answer

The bank portion of TARP (Troubled Asset Relief Program) was aimed at stabilizing the financial system by providing funds to banks and financial institutions that were struggling due to the financial crisis. The Treasury's estimate in 2010 was that the bank portion of TARP would earn a profit, as many of the banks had repaid their loans and the government had received dividends and warrants. In fact, the banks repaid their loans with interest, and taxpayers made a profit of $30 billion from the program. Therefore, option A is the best choice.

In 2010,the Treasury Estimated That the Bank Portion of TARP