Emergency Economic Stabilization Act

Firms Suggest TARP Purchases of REO Needed 

Uncertainty reins when it comes to the Treasury’s Troubled Asset Relief Program, or TARP, according to a survey released Friday morning by the Securities Industry and Financial Markets Association. SIFMA, along with four other trade associations that conducted the survey, found that large firms are more likely to participate in selling illiquid assets to the Treasury under the program.