Trouble Asset Relief Program Three Year Anniversary Report: A Supplement to the TARP Two Year Retrospective

摘要

Several important milestones were achieved during TARPs third year. Our banking investments have resulted in a positive return for taxpayers, while also helping to keep institutions better capitalized to ensure the overall stability of our financial system. We saw a successful Initial Public Offering (IPO) for General Motors and exited our investment in Chrysler Group, six years earlier than expected. We also closed a major restructuring plan for American International Group, Inc. (AIG), marking a major milestone in the companys remarkable turnaround and putting taxpayers in a better position to recover their investment in the company. While the housing market remains depressed, TARPs initiatives to assist struggling homeowners have helped hundreds of thousands of families keep their homes and set new standards for mortgage service providers that have indirectly helped millions more.