Tarp was mixed success, Congressional panel concludes

The Congressional Oversight Panel - the body charged with overseeing the Troubled Asset Relief Program (Tarp) on behalf of the US Congress - issued its final report yesterday, calling the multi-billion-dollar financial bailout package a mixed success.

In broad terms, Tarp succeeded, the panel wrote. It staved off the risk of a second Great Depression, and did so at considerably lower cost than expected - according to the Congressional Budget Office the current estimated total cost is $25 billion

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here