Treasury considers ways to improve management of TARP

12/9/2008 | Wall Street Journal, The

Before the Treasury Department hands off the $700 billion economic-rescue program to President-elect Barack Obama's team in January, the department is weighing steps it can take to improve management of the program. Treasury Assistant Secretary Neel Kashkari said officials want to ensure that financial institutions that receive funds through the Troubled Asset Relief Program comply with the program's terms, including restrictions on dividend payments and executive pay.

View Full Article in:

Wall Street Journal, The

Published in Brief: