The Troubled Asset Relief Program (TARP) ended when the Treasury sold its remaining shares of Ally Financial (the last remaining major bank.) The bailout program was originally $426 billion. The Treasury Department reports, “Treasury invested approximately $245 billion across five distinct bank programs. Each of these programs was established to accomplish different goals as part […]
Tag Archives: US
U.S. Ends Bailout Program with $15.3 Billion Profit
Posted in Business, Finance, Government
Also tagged bailout, banks, profit, TARP, taxpayers, too big to fail, Troubled Asset Relief Program
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Severe Weather Events: Tornadoes
Because a tornado is part of a severe convective storm, and these storms occur all over the Earth, tornadoes are not limited to any specific geographic location. In fact, tornadoes have been documented in every state of the United States, and on every continent, with the exception of Antarctica (even there, a tornado occurrence is […]
Posted in Environment, Global Warming, Science, weather
Also tagged climate change, global warming, severe weather events, tornado, tornados, weather
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