TARP Report

Treasury Releases Report on TARP

On October 5, Treasury announced the release of a “Two-year Retrospective” report on TARP.  The report provides an overview of the steps that Treasury took under TARP, which was created to recapitalize the financial sector and restart the credit markets.  According to the report, in light of the recently announced AIG restructuring and when valued at current market prices, Treasury now estimates that the total cost of TARP will be about $50 billion. Treasury Release. TARP Report.