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The current $250 billion capital purchase program is strong medicine for our financial institutions.
"The capital purchase program is available only to federally regulated banks and savings institutions," said Michele Davis, a spokesperson for the Treasury.
If Congress had not given us the authority for TARP and the capital purchase program and our financial system had continued to shut down, our economic situation would be far worse today.
Under the terms of the $250 billion capital purchase program announced last month, cash infusions are available to "qualifying U.S. banks, savings associations, and certain bank and savings and loan holding companies, engaged only in financial activities".
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Citi got another $25 billion of capital from the TARP capital purchase plan.
Step 5: As a result, the fund manager has $300 (or, in some cases, up to $400) in total capital and commences a purchase program for targeted securities.
That puts GM and Chrysler on a par with Citigroup, JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Wells Fargo and dozens of other banks that drew capital injections from the capital purchase part of the program.
The Fed's latest bond purchase program kicked in this year.
Participants' acceptable capital purchase price for a set of six panels are listed in Table 2.
The dollar purchase program was doing its job correctly.
The computer is a major capital purchase by the agency he essentially founded.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com