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1/28/2009 U.S. Treasury Press Release:
Secretary Geithner Meets with Outside Experts to Discuss Oversight
of Troubled Assets Relief Program and Efforts to Increase Transparency and Accountability
Washington, DC – Building on President Barack Obama and Secretary Tim Geithner's commitment to increase transparency and accountability in the Troubled Assets Relief Program (TARP), the U.S. Department of the Treasury today announced a new policy of posting investment contracts for future completed transactions to the Department's website within five to 10 business days.
Read more on Treasury Announces New Policy To Increase Transparency in Financial Stability Program…
Filed under U.S. Department of the Treasury Releases by Comment.
1/16/2009 U.S. Treasury Department Press Release:
Washington, DC – The Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation have finalized the terms of the guarantee agreement with Citigroup that was previously announced on November 23, 2008. The agreement provides protection against the possibility of unusually large losses on an asset pool of approximately $301 billion of loans and securities backed by residential and commercial real estate and other such assets, which will remain on Citigroup's balance sheet.
Read more on U.S. Government Finalizes Terms of Citi Guarantee Announced in November…
Filed under U.S. Department of the Treasury Releases by 1 Comment.
