Capital Purchase Program

E383979

The Capital Purchase Program was a U.S. Treasury initiative under TARP that injected capital into banks by purchasing preferred stock to stabilize the financial system during the 2008 crisis.

All labels observed (1)

Label Occurrences
Capital Purchase Program canonical 6

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf TARP initiative ⓘ
United States Treasury program ⓘ
financial stabilization program ⓘ
abbreviation CPP ⓘ
administeredBy United States Department of the Treasury ⓘ
aimedAt increasing bank lending ⓘ
strengthening bank capital ratios ⓘ
announcedBy George W. Bush administration ⓘ
linked to: Bush administration

Henry Paulson ⓘ
appliesTo U.S. banks ⓘ
bank holding companies ⓘ
certain thrift institutions ⓘ
appliesToJurisdiction United States ⓘ
authorizedUnderProgram Troubled Asset Relief Program ⓘ
continuedDuring Barack Obama presidency ⓘ
country United States ⓘ
endCause improvement of financial market conditions after crisis ⓘ
fundingSource U.S. Treasury ⓘ
hasEffect injection of capital into financial institutions ⓘ
hasPurpose recapitalization of banks ⓘ
restoration of confidence in the banking system ⓘ
stabilization of the U.S. financial system ⓘ
historicalPeriod Great Recession ⓘ
implementedDuring George W. Bush presidency ⓘ
linked to: Bush administration
imposesCondition dividend payment limits on participating institutions ⓘ
restrictions on executive compensation for participants ⓘ
inception 2008 ⓘ
industry financial services ⓘ
investmentInstrument preferred stock ⓘ
warrants for common stock ⓘ
legalBasis Emergency Economic Stabilization Act of 2008 ⓘ
mainSubject 2007–2008 financial crisis ⓘ
monitoredBy Office of Financial Stability ⓘ
oversight Congressional Oversight Panel ⓘ
Government Accountability Office ⓘ
parentProgramBudget 700 billion USD ⓘ
partOf Troubled Asset Relief Program ⓘ
policyType bank recapitalization policy ⓘ
crisis intervention program ⓘ
regulates capital structure of participating banks ⓘ
relatedTo Capital Assistance Program ⓘ
Public-Private Investment Program ⓘ
Systemically Significant Failing Institutions Program ⓘ
sector banking ⓘ
startTime October 2008 ⓘ
usesMethod purchase of equity warrants ⓘ
purchase of preferred stock ⓘ

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Troubled Asset Relief Program → keyProgram → Capital Purchase Program ⓘ
Public Law 110-343 → relatedProgram → Capital Purchase Program ⓘ
Timothy Geithner → oversawProgram → Capital Purchase Program ⓘ
Targeted Investment Program → relatedTo → Capital Purchase Program ⓘ