Examples of Troubled Asset Relief Program in the following topics:
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- This act has seen substantial debate, both positively and negatively, as to the efficacy and overall implementation of the program.
- The goal of investing or providing tax relief and subsidies for individuals and companies is to drive up purchasing behavior and offset the positive feedback loop attributed to economic crises.
- This was in the form of the government utilizing tax money to purchase these securities, removing the toxic assets from the books of the companies involved (who were deemed 'too big to fail').
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- The program includes up to $1 trillion to buy toxic bank assets, an additional $1 trillion to expand a federal consumer loan program, and the $350 billion left in the Troubled Assets Relief Program.
- The 2011 budget includes a three-year freeze on discretionary spending, proposes several program cancellations, and raises taxes on high income earners to bring down deficits during the economic recovery.
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- Taking charge of the Troubled Asset Relief Program (TARP) instituted under George W.
- OWS's goals include a reduction in the influence of corporations on politics, more balanced distribution of income, more and better jobs, bank reform (especially to curtail speculative trading by banks), forgiveness of student loan debt or other relief for indebted students, and alleviation of the foreclosure situation.
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- Despite Republican resistance and political gridlock in Washington during his first term in office, President Obama oversaw the distribution of $7.77 trillion from the Troubled Asset Relief Program (TARP) to help shore up the nation’s banking system, and Congress authorized $80 billion to help the auto industries Chrysler and General Motors.
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- In 2003, Bernard Ebbers, the CEO of communications giant WorldCom, was discovered to have inflated his company’s assets by as much as $11 billion, making it the largest accounting scandal in the nation’s history.
- Members of Congress agreed to use $700 billion in federal funds to bail out the troubled institutions, and Congress subsequently passed the Emergency Economic Stabilization Act, creating the Troubled Asset Relief Program (TARP).
- One important element of this program was aid to the auto industry: the Bush administration responded to their appeal with an emergency loan of $17.4 billion—to be executed by his successor after the November election—to stave off the industry’s collapse.
- Some European nations had suffered similar speculation bubbles in housing, but all had bought into the mortgage securities market and suffered the losses of assets, jobs, and demand as a result.
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- To cut unemployment, the NIRA created the Public Works Administration (PWA), a major program of public works.
- Major programs that addressed their needs included the Resettlement Administration (RA) and the Rural Electrification Administration (REA).
- It was the first program on such a scale on behalf of the troubled agricultural economy.
- The AAA was replaced by a similar program that did win Court approval.
- A major new welfare program was the Food Stamp Plan, established in 1939.
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- In order to counter banks that engage in excessive risk taking, programs were developed for early intervention.
- The FDIC Improvement Act of 1991 limits regulators' discretion as to when to close troubled financial institutions (FIs).
- It requires that troubled FIs be recognized long before they become insolvent.
- For example, within 90 days of detection, critically undercapitalized FIs with tangible equity of less than 2% of assets must be placed in conservatorship or receivership.
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- From the beginning, the Farmers Alliances were political organizations with elaborate economic programs.
- According to one early platform, its purpose was to "unite the farmers of America for their protection against class legislation and the encroachments of concentrated capital. " Their program also called for the regulation—if not the outright nationalization—of the railroads, currency inflation to provide debt relief, the lowering of the tariff, and the establishment of government-owned storehouses and low-interest lending facilities.
- Convinced that their troubles stemmed from a shortage of money in circulation, they argued that increasing the volume of money would indirectly raise prices for farm products and drive up industrial wages, thus allowing debts to be paid with inflated dollars.
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- As you can see, this calculation becomes very complicated.If you calculate the discount rate manually, then you must calculate the PV0 by selecting various discount rates, such as 0%, 5%, 10%, and 20%.Next, you insert your particular discount rate, r, into the Equation 7, and select the discount rate that has a present value, PV0 close to $1,600.Mathematicians wrote programs that can solve for the discount rate.If you visit the author's website, www.kenszulczyk.com, he has a JavaScript program that can solve for the discount rate.
- You can become confused by the terms used throughout this book.We use yield to maturity, discount rate, and interest rate interchangeably, and you can interpret these terms to mean an interest rate.However, a rate of return differs because investors could sell their securities before they matured.Thus, the rate or return includes the interest rate and capital gains or losses.A capital gain is an investor sells a financial security for greater price, while a capital loss is an investor sells a financial security for a lower price.Investors do not want capitallosses, but they can occur.For instance, an investor must sell an asset whose market price has dropped because he or she needs cash quickly.Thus, the present value still works for capital gains and losses.Finally, if the investor holds onto the security onto the maturity date, then the rate of return equals the yield to maturity.
- A bond, for example, has a face value of $2,000 with a coupon interest rate of 5% and a 10- year maturity.You bought this bond for $2,000 and then resold it two years later for $2,400.Thus, you collected two years of interest.Consequently, your rate of return equals the two years of interest plus the capital gain of 14.33%.We calculated the capital gain in Equation 10, and r equals the rate of return.The author used a computer program to solve for r.
- A capital loss is similar.As an illustration, you bought a financial security for $2,000 with a coupon interest rate of 5% and held it for two years.Although you earned two years of interest, this company reported financial trouble, and the bond price dropped to $1,000.Unfortunately, we calculated your return from the investment as a huge loss of -23.3% in Equation 11.
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- GAD is a particularly difficult disorder to live with; because the individual's anxiety is not tied to a specific situation or event, they experience little relief.
- This excessive worry must interfere with some aspect of life, such as social, occupational, or daily functioning, and the person must have trouble controlling the anxiety.
- Two popular therapeutic programs used for treating GAD are applied relaxation, which focuses on muscle-relaxation techniques, and cognitive behavioral therapy (CBT), which focuses on ways to recognize and reduce worried thoughts.