Value Investing News

TARP allows the United States Department of the Treasury to purchase nonliquid, difficult to value assets from banks and other financial institutions. TARP also allow the Treasury to purchase whole loans and make direct equity investments in banks themselves. The targeted assets are securities backed by mortgages, sometimes described by the government, media, and others as “troubled” or “toxic” assets.

• http://www.dividendgrowthinvestor.com/2008/12/tarp-is-bad-for-dividend-investors.html (1)