$700-billion Wall Street bailout
Did you know that the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) still exists?
Investopedia notes: The Troubled Asset Relief Program (TARP) was an initiative created and run by the U.S. Treasury to stabilize the country's financial system, restore economic growth, and mitigate foreclosures in the wake of the 2008 financial crisis.
It was the $700-billion Wall Street bailout. The plan was to buy troubled assets. Then the money was used to buy shares in banks.
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