The Bailout That Made a Profit

The Bailout That Made a Profit

Launched during the 2008 financial crisis, the U.S. government's Troubled Asset Relief Program (TARP) was designed to stabilize collapsing banks and industries by purchasing troubled assets and injecting emergency capital. Initially funded with $426 billion, it rescued major institutions like Citigroup, AIG, and General Motors from potential collapse. By the time the program closed in 2014, the Treasury had recovered more than it spent-earning a net profit of $15.3 billion for taxpayers.

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