Banks that underwent the stress test program are trying to win the approval of treasury departments to exit TARP. TARP is also known as the troubled asset relief program. Many banks are trying to raise their capital to pay back tax payers and other such things. If banks don't exit TARP can lose big clients and markets which would make it harder for the bank to compete. So to get out of TARP banks are trying to raise capital to pay governments shares and make billions of dollars in common stock markets.
1.)I chose this article because I'm just trying to finish this assignment but then found article to be interesting
2.) i agree with decisions made to exit TARP as soon as possible.
3.) I would use this site again because it was accurate and had insightful information.
Ok, late. Grade: 6
ReplyDelete