Subsidyscope provides a clearinghouse for government documents related to our research in the following sectors. This compilation will be updated regularly.
Skip to: Transportation | Financial Bailout
Transportation
| Date | Title | Description | Source |
|---|---|---|---|
| 2009-09-21 | Troubled Asset Relief Program: Status of Government Assistance Provided to AIG | The GAO finds that federal assistance "has helped stabilize AIG's financial condition," but concludes that it remains unclear whether the company will be able to repay the government. | Government Accountability Office (GAO) |
| 2009-12-11 | Hawaii Superferry Bankruptcy Filing |
Financial Bailout
| Date | Title | Description | Source |
|---|---|---|---|
| 2008-10-03 | Text of HR 1424 | The Emergency Economic Stabilization Act of 2008. H.R.1424 is the vehicle for the economic rescue legislation. Division A is the Emergency Economic Stabilization Act of 2008; Division B is the Energy Improvement and Extension Act of 2008; and Division C is the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. | Library of Congress (thomas.gov) |
| 2008-11-04 | First TARP report to Congress | Report to Congress on TARP. Contains descriptions of the transactions made during the reporting period. | Department of the Treasury |
| 2008-11-21 | Second TARP report to Congress | Descriptions of the transactions made during the reporting period. | Department of the Treasury |
| 2008-12-02 | Troubled Asset Relief Program: Additional Actions Needed to Better Ensure Integrity, Accountability and Transparency | First GAO report on TARP. | Department of the Treasury |
| 2008-12-02 | Third TARP Report to Congress | Descriptions of the transactions made during the reporting period. | Department of the Treasury |
| 2008-12-04 | Troubled Asset Relief Program: Status of Efforts to Address Defaults and Foreclosures on Home Mortgages | GAO report on TARP and the mortgage crisis. | Government Accountability Office (GAO) |
| 2008-12-10 | Troubled Asset Relief Program: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency | GAO report on TARP and the need for greater accountability. | Government Accountability Office (GAO) |
| 2008-12-31 | First Quarterly Report to Congress pursuant to section 104(g) of the Emergency Economic Stabilization Act of 2008 | FSOB consists of the secretaries of the Treasury, HUD, SEC and FHFA, along with the Chair of the Federal Reserve. These reports are mandated by section 104(g) of the Emergency Economic Stabilization Act of 2008. | Financial Stability Oversight Board (FSOB) |
| 2008-12-31 | Section 105(a) Troubled Asset Relief Program Report To Congress | For the period December 1 to December 31, 2008. | Department of the Treasury |
| 2009-01-07 | Fourth TARP Report to Congress | Descriptions of the transactions made during the reporting period. | Department of the Treasury |
| 2009-01-07 | Budget and Economic Outlook: Fiscal Years 2009 to 2019 | CBO's annual budget and economic outlook report. | Congressional Budget Office |
| 2009-01-09 | HR 384 - CRS Summary | The CRS summary of HR 384, the TARP Reform and Accountability Act of 2009. As originally submitted by Rep. Barney Frank. | Congressional Research Service (CRS) |
| 2009-01-16 | The Troubled Asset Relief Program: Report on Transactions Through December 31, 2008 | Report on TARP transactions though December 31, 2008. Includes a breakdown of the $64B subsidy cost that CBO listed in its Budget and Economic Outlook report earlier that month. | Congressional Budget Office (CBO) |
| 2009-01-21 | Text of HR 384 | Rep. Barney Frank's legislation on accountability and TARP. As amended and passed by the House of Representatives. | Library of Congress (thomas.gov) |
| 2009-01-22 | Questions About the $700 Billion Emergency Economic Stabilization Funds | The first report of the Congressional Oversight Panel for Economic Stabilization. | Congressional Oversight Panel |
| 2009-01-28 | Addressing the Ongoing Crisis in the Housing and Financial Markets | Testimony by CBO's Douglas Elmendorf on the financial crisis. Includes a table updating CBO's estimates of funding for the various bailout programs (including estimated subsidy costs for the Treasury programs). | Congressional Budget Office (CBO) |
| 2009-01-29 | Special Report on Regulatory Reform | COP report on regulatory failures. | Congressional Oversight Panel |
| 2009-01-30 | TARP: Status of Efforts to Address Transparency and Accountability Issues | Following a previous GAO report emphasizing the lack of monitoring for the TARP program's Capital Purchase Program, this report from the GAO continues to say that additional action is needed to ensure that all participating institutions are accountable for the use of their TARP money. | Government Accountability Office |
| 2009-02-05 | Special TARP IG Initial Report to Congress | Under the Emergency Economic Stabilization Act of 2008, the Special TARP IG must report to Congress on its oversight activities and compile data and information about TARP. This is his initial report, which was due 60 days after he was confirmed. The remaining reports will be issued quarterly. The report says that the long-term success of TARP is not assured, and that its success or failure will depend on whether the Treasury Department will spend the massive investment wisely. | Special Inspector General for the Troubled Asset Relief Program (SIGTARP) |
| 2009-02-06 | COP's February Oversight Report: Valuing Treasury's Acquisitions | Third COP report on the TARP program. Appendices, including analysis by Duff and Phelps, can be found here: Valuation Report, Appendix Volume I: Company Overviews, Appendix: Volume II, Legal Analysis. | Congressional Oversight Panel |
| 2009-02-17 | Chrysler Restructuring Plan | Restructuring plan for long-term viability, presented to Treasury. | Department of the Treasury |
| 2009-02-17 | General Motors Restructuring Plan | Restructuring plan (2009 - 2014) presented to the Treasury Department, as required by the Loan and Security Agreement between General Motors and the Treasury. | Department of the Treasury |
| 2009-02-17 | Treasury Monthly Lending and Intermediation - Analysis | Summary and analysis of Treasury's report on the lending activities of TARP recipients in the fourth quarter of 2008. | Department of the Treasury |
| 2009-02-17 | Treasury Monthly Intermediation Snapshot | Report on the lending activities of the 20 largest banks receiving TARP funds. | Department of the Treasury |
| 2009-02-24 | Status of Efforts to Address Transparency and Accountability Issues | Statement of Gene L. Dodaro, Acting Comptroller General of the United States | Government Accountability Office |
| 2009-02-25 | White paper on the Capital Assistance Program | Treasury's report on CAP and its role in the bailout. | Department of the Treasury |
| 2009-02-27 | Material Loss Review of First National Bank of Nevada and First Heritage Bank | Results of the review of the failures of First National Bank of Nevada, of Reno, Nevada, and First Heritage Bank, of Newport Beach, California, and supervision of the institutions by the Office of the Comptroller of the Currency (OCC). | Department of Treasury - Office of Inspector General |
| 2009-03-02 | SAFETY AND SOUNDNESS: Material Loss Review of IndyMac | Results of the review of the failure of IndyMac Bank, FSB (IndyMac) of Pasadena, California and the supervision of the institution by the Office of Thrift Supervision. | Department of Treasury - Office of Inspector General |
| 2009-03-03 | Term Asset-Backed Securities Loan Facility (TALF) white paper | A white paper on Term Asset-Backed Securities Loan Facility, a joint program of the Federal Reserve and the Treasury which falls under the President's Consumer and Business Lending Initiative aimed at increasing lending and unlocking the U.S. credit markets. | Department of Treasury |
| 2009-03-06 | The Foreclosure Crisis: Working Toward a Solution | A report examining possible solutions to the foreclosure crisis and potential obstacles. | Congressional Oversight Panel |
| 2009-03-11 | TARP: Status of Efforts to Address Transparency and Accountability Issues | Testimony by the Government Accountability Office's Richard Hillman before the House Oversight and Government Reform Committee, Subcommittee on Domestic Policy. Hillman testified that the GAO continued to identify a number of areas that warrant Treasury's ongoing attention and recommended further ways for Treasury to improve TARP transparency. | Government Accountability Office |
| 2009-03-13 | Forms of Federal Reserve Lending to Financial Institutions | A table describing the types of lending to financial institutions through the Federal Reserve. | Federal Reserve |
| 2009-03-15 | List of institutions that received AIG bailout funds | AIG's release on how its bailout money was spent. Reveals the identities of the financial institutions and municipalities that received funds from AIG. | AIG |
| 2009-03-18 | Statement of Orice M. Williams, Director, Financial Markets and Community Investment | Review of regulators’ oversight of risk management systems at large, complex financial institutions. | Government Accountability Office |
| 2009-03-20 | A Preliminary Analysis of the President’s Budget and an Update of CBO’s Budget and Economic Outlook | A new economic forecast, updated budget projections, and the agency’s work to date in analyzing the President’s budgetary proposals for fiscal year 2010, as described in brief in the Office of Management and Budget’s A New Era of Responsibility: Renewing America's Promise, released in February 2009. The report also includes new TARP and Fannie Mae and Freddie Mac subsidy estimates. | Congressional Budget Office |
| 2009-03-23 | White Paper on the Public-Private Investment Program | A description of the Public-Private Investment Program launched by the Treasury Department, the FDIC and the Fed to relieve banks of bad assets. | Department of Treasury |
| 2009-03-27 | TARP: March 2009 Status of Efforts to Address Transparency and Accountability Issues | An update on the TARP program. Includes information on market indicators, lending activities by TARP recipients, information on oversight of contracts, etc. | Government Accountability Office |
| 2009-03-30 | Controls Over the FDIC’s Processing of Capital Purchase Program Applications from FDIC-Supervised Institutions | FDIC Inspector General report analyzing applications from financial institutions to the FDIC for the Treasury Department's purchases of their preferred stock under TARP. As of January 15, 2009, the FDIC received applications from 1,615 institutions for $34 billion. The FDIC recommended 408 to Treasury for approval, of which 267 received awards. The IG reviewed 172 of these applications as of December 10, 2008, and determined that 155 met the Treasury viability criteria. Includes two IG recommendations. | FDIC Office of Inspector General |
| 2009-04-06 | Legacy Securities Public-Private Investment Funds: Summary of Proposed Terms | Terms proposed for the second component of the Public-Private Investment Program (PPIP), the Legacy Securities Program. | Department of Treasury |
| 2009-04-07 | Assessing Treasury's Strategy: Six Months of TARP | The Senate Congressional Oversight Panel on TARP gives a preliminary look at Treasury's strategy and offers a comparative analysis from banking crises in the past. COP finds that in the last six months, Treasury has relied heavily on the use of the Federal Reserve's balance sheet which has expanded by more than $1.5 trillion (not including expected TALF loans) in conjunction with the financial stabilization activities it has undertaken beyond its monetary policy operations. This has allowed Treasury to leverage TARP funds well beyond the funds appropriated by Congress. Also see the report's Executive Summary and alternative views by Richard Neiman and John E. Sununu and an additional view by John E. Sununu. | Congressional Oversight Panel |
| 2009-04-21 | SIGTARP: Quarterly Report to Congress | A report to Congress explaining the various TARP programs used by the Department of Treasury and what the SIGTARP has been doing since its initial report on February 6, 2009. The report also put forth recommendations for future TARP operations. | Special Inspector General for the Troubled Asset Relief Program (SIGTARP) |
| 2009-04-23 | Auto Industry Summary of Government Efforts and Automakers’ Restructuring to Date | As part of GAO’s statutorily mandated responsibilities to provide timely oversight of TARP activities, this report discusses the (1) nature and purpose of assistance to the auto industry, (2) how the assistance addresses the three principles, and (3) important factors for Chrysler and GM to address in achieving long-term viability and the challenges that they face to become viable. | Government Accountability Office |
| 2009-04-24 | The Supervisory Capital Assessment Program | A Federal Reserve white paper on the stress tests the government recently performed on US banks. Designed to assess the health of the banks, the results are due to be released shortly. | Federal Reserve |
| 2009-05-07 | The Supervisory Capital Assessment Program: Overview of Results | Results from the "stress tests" done on the 19 largest financial institutions. | Board of Governors of the Federal Reserve System |
| 2009-05-07 | Reviving Lending to Small Businesses and Families and the Impact of the TALF | The Congressional Oversight Panel's May Oversight Report report looks at the state of lending for small businesses and families and examines the Term Asset-Backed Securities Loan Facility (TALF), which Treasury and the Federal Reserve established to improve access to credit for families and small businesses by supporting the issuance of asset-backed securities collateralized by credit card loans, student loans, auto loans and loans guaranteed by the Small Business Administration. | Congressional Oversight Panel |
| 2009-06-09 | Stress Testing and Shoring Up Bank Capital | Examines the recent stress tests conducted on America’s 19 largest bank holding companies (BHCs). | Congressional Oversight Panel |
| 2009-06-10 | Federal Reserve System Monthly Report on Credit and Liquidity Programs and the Balance Sheet | A report aimed at furthering efforts to increase transparency at the Federal Reserve. The report explains recent actions taken to correct severe economic conditions. | The Federal Reserve |
| 2009-06-16 | Supervisory Insights | A document detailing some of the major financial events of 2008. It also highlights areas of current and future supervisory emphasis, including regulatory developments and the ongoing technological evolution of bank products. | Federal Deposit Insurance Corporation |
| 2009-06-17 | June 2009 TARP update | GAO's June report on the status of the TARP program. | Government Accountability Office (GAO) |
| 2009-06-25 | The Troubled Asset Relief Program: Report on Transactions Through June 17, 2009 | A Congressional Budget Office report evaluating all TARP transactions through June 17, 2009. The report presents the estimated subsidy rate to the participating financial institutions. | Congressional Budget Office |
| 2009-07-09 | Troubled Asset Relief Program: Status of Participants’ Dividend Payments and Repurchases of Preferred Stock and Warrants | Testimony by Gary T. Engel, Director, Financial Management and Assurance, before the Committee on Financial Services, House of Representatives. | Government Accountability Office |
| 2009-07-10 | July Oversight Report: TARP Repayments, Including the Repurchase of Stock Warrants | A report examining TARP repayments and the process of warrant valuation. | Congressional Oversight Panel |
| 2009-07-17 | May 2009 Dividends Report | Quarterly dividend payments made by TARP recipients | Department of Treasury |
| 2009-07-17 | Cumulative Dividends Report as of May 31, 2009 | A spreadsheet presenting TARP dividend payments through May 31, 2009. | FinancialStability.gov |
| 2009-07-21 | Quarterly Report to Congress: Appendices | Appendices to SIGTARP's quarterly report. | Special Inspector General for the Troubled Asset Relief Program (SIGTARP) |
| 2009-07-21 | Quarterly Report to Congress | SIGTARP's quarterly report to Congress on the progress of the Troubled Asset Relief Program (TARP). | Special Inspector General for the Troubled Asset Relief Program (SIGTARP) |
| 2009-07-21 | Special Report on Farm Loan Restructuring | A discussion of whether there is a need to restructure delinquent farm loans, perhaps with a TARP-based restructuring model. | Congressional Oversight Panel |
| 2009-07-22 | Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues | Testimony of Thomas J. McCool, Director of the Center for Economics, Applied Research and Methods, before the Subcommittee on Oversight and Investigations, Committee on Financial Services, House of Representatives. | Government Accountability Office |
| 2009-07-24 | June 2009 Dividends Report | Quarterly dividend payments made by TARP recipients | Department of Treasury |
| 2009-08-06 | CBO Budget Options Volume 2 | This volume by the Congressional Budget Office presents 188 options for altering federal spending and revenues. It aims to help policymakers in their annual tasks of making budgetary choices and setting priorities. | Congressional Budget Office |
| 2009-08-11 | August Oversight Report: The Continued Risk of Troubled Assets | An update on the status of troubled assets. | Congressional Oversight Panel |
| 2009-08-20 | July 2009 Dividends Report | Quarterly dividend payments made by TARP recipients | Department of Treasury |
| 2009-08-27 | FDIC Quarterly Banking Profile | The Deposit Insurance Fund, which insures all bank deposits, fell to $10.4 billion at the end of the second quarter of 2009, the Federal Deposit Insurance Corporation reports. A year ago, the fund had $45.2 billion. The report also found that insured financial institutions saw a $3.7 billion net loss and that more than one in four financial institutions are currently unprofitable. | Federal Deposit Insurance Corporation |
| 2009-09-09 | September Oversight Report: The Use of TARP Funds in the Support and Reorganization of the Domestic Automotive Industry | An overview of the short-term financing provided to the automotive industry using TARP funds. | Congressional Oversight Panel |
| 2009-09-11 | Fannie Mae and Freddie Mac: Analysis of Options for Revising the Housing Enterprises' Long-term Structures | The GAO finds that Fannie and Freddie have had a mixed record in meeting their housing mission objectives, and suggests that Congress may have to restructure them to help them meet that mission. | Government Accountability Office (GAO) |
| 2009-10-01 | August 2009 Dividends and Interest Report | Quarterly dividend payments made by TARP recipients | Department of Treasury |
| 2009-10-08 | Fannie Mae and Freddie Mac: Analysis of Options for Revising the Housing Enterprises’ Long-term Structures | Statement of William B. Shear, Director of Financial Markets and Community Investment, discussing the results of a recently issued report on options for restructuring Fannie Mae and Freddie Mac. | Government Accountability Office (GAO) |
| 2009-10-08 | Troubled Asset Relief Program: One Year Later, Actions Are Needed to Address Remaining Transparency and Accountability Challenges | Building on prior recommendations of the Government Accountability Office, the GAO makes three new recommendations aimed at improving Treasury’s ability to effectively manage the next phase of the TARP program. | Government Accountability Office (GAO) |
| 2009-10-21 | SIGTARP: Quarterly Report to Congress | An explanation of the various TARP programs and how Treasury has used those programs through September 30, 2009. | Special Inspector General for the Troubled Asset Relief Program (SIGTARP) |
| 2009-10-27 | September 2009 Dividends and Interest Report | Quarterly dividends payments made by TARP recipients. | Department of Treasury |
| 2009-11-02 | Troubled Asset Relief Program: Continued Stewardship Needed as Treasury Develops Strategies for Monitoring and Divesting Financial Interests in Chrysler and GM | A report by the Government Accountability Office examining Treasury's actions regarding its ownership stakes of Chrysler and GM. GAO also makes recommendations for how Treasury should handle the equity going forward. | Government Accountability Office |
| 2009-11-06 | November Oversight Report: Guarantees and Contingent Payments in TARP and Related Programs | This report examines the TARP programs that have guaranteed rather than purchased assets (the Citigroup and Bank of America guarantees under the AGP), as well as Treasury?s money market fund guarantee, the TGPMMF, and the FDIC?s DGP, which significantly benefitted many of the financial institutions that were the recipients of TARP funds. | Congressional Oversight Panel |
| 2009-11-20 | October 2009 Dividends and Interest Report | Quarterly dividends payments made by TARP recipients. | Department of Treasury |
| 2009-12-18 | November 2009 Dividends and Interest Report | Quarterly dividends payments made by TARP recipients. | Department of Treasury |
| 2010-01-20 | December 2009 Dividends and Interest Report | Quarterly dividends payments made by TARP recipients. | Department of Treasury |
| 2010-02-19 | January 2010 Dividends and Interest Report | Quarterly dividends payments made by TARP recipients. | Department of Treasury |
| 2010-03-17 | February 2010 Dividends and Interest Report | Quarterly dividends payments made by TARP recipients. | Department of Treasury |