WSJ: Nearly 100 Bailed-Out Banks Could Fail

During the early days of the financial crisis, the Capital Purchase Program, or CPP, was established under the Troubled Asset Relief Program (TARP) to provide U.S. banks access to bailout funds. From the “Factsheet on Capital Purchase Program” at FinancialStability.gov (a U.S. Treasury website): The Capital Purchase Program (CPP) was a voluntary program in which […]