Subsidyscope — Financial Bailout
- April 15, 2010
Quick SummarySubsidyscope began its analysis of the financial bailout in January 2009 and provided updates until April 2010. This mainly included an analysis of subsidies to Fannie Mae and Freddie Mac, as well as the Troubled Asset Relief Program (TARP).
Subsidyscope began posting analysis of the financial bailout in January 2009 and is providing updates with new information and estimates where available. The purpose of the Troubled Asset Relief Program (TARP) was to infuse banks with capital to prevent failure and insolvency. One of the most notable developments since early 2009 has been the faster than anticipated repayments of monies originally disbursed by the Treasury Department to financial institutions under TARP. This has dramatically reduced estimates of TARP’s ultimate cost. Read the full report.