Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations

Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations
Author :
Publisher : DIANE Publishing
Total Pages : 119
Release :
ISBN-10 : 9781437944976
ISBN-13 : 1437944973
Rating : 4/5 (973 Downloads)

Book Synopsis Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations by : Orice Williams Brown

Download or read book Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2011-04 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Troubled Asset Relief Program (TARP) was implemented, GAO has issued more than 40 reports containing more than 60 recommendations to the Treasury Dept. (Treasury). This report assesses the status of Treasury's implementation of these recommendations and current condition of TARP. Specifically, this report provides info. on; (1) the condition and status of active TARP programs; (2) Treasury's progress in implementing an effective management structure, including staffing for the Office of Financial Stability (OFS), overseeing contractors, and establishing a comprehensive system of internal control; and (3) trends in the status of key relevant economic indicators. Illus. A print on demand report.

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Congress created the Troubled Asset Relief Program (TARP) to, among other things, preserve homeownership and protect home values. In March 2009, the U.S. Depart