Public-Private Investment Program

E383982

The Public-Private Investment Program was a U.S. government initiative launched during the 2008 financial crisis to partner public funds with private investors in purchasing distressed assets from financial institutions to help stabilize the banking system.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States government program ⓘ
financial stabilization program ⓘ
public-private partnership scheme ⓘ
administeredBy U.S. Department of the Treasury ⓘ
administeredWithParticipationOf Federal Deposit Insurance Corporation ⓘ
Federal Reserve System ⓘ
alsoKnownAs PPIP ⓘ
announcedBy Timothy Geithner ⓘ
United States Department of the Treasury ⓘ
announcedUnderAdministrationOf Barack Obama ⓘ
beneficiaryType U.S. financial institutions ⓘ
holders of legacy mortgage-related assets ⓘ
componentProgram Legacy Loans Program ⓘ
Legacy Securities Program ⓘ
country United States ⓘ
criticizedFor complexity and opacity ⓘ
moral hazard concerns ⓘ
potentially favoring large financial institutions ⓘ
designedToAddress capital shortfalls at financial institutions ⓘ
illiquidity of mortgage-related assets ⓘ
developedDuring 2007–2008 financial crisis ⓘ
financingStructure government equity and debt financing ⓘ
public-private co-investment ⓘ
inception 2009 ⓘ
intendedEffectOnBanks remove troubled assets from bank balance sheets ⓘ
intendedEffectOnMarkets establish market prices for illiquid assets ⓘ
legalBasis Emergency Economic Stabilization Act of 2008 (via TARP authority) ⓘ
mainGoal improve bank balance sheets ⓘ
restart markets for distressed mortgage-related assets ⓘ
stabilize the U.S. banking system ⓘ
support credit flow to households and businesses ⓘ
mechanism government co-invests alongside private investors in asset pools ⓘ
use of non-recourse loans to leverage private capital ⓘ
policyContext part of broader U.S. financial rescue measures ⓘ
response to systemic risk in financial sector ⓘ
riskSharing losses shared between public sector and private investors ⓘ
sector banking ⓘ
capital markets ⓘ
supportedFor leveraging private sector price discovery ⓘ
limiting direct government ownership of assets ⓘ
targetedAssetType asset-backed securities ⓘ
legacy loans ⓘ
legacy securities ⓘ
mortgage-backed securities ⓘ
timePeriod post-2008 financial crisis era ⓘ
usesFundingFrom Federal Reserve ⓘ
Troubled Asset Relief Program ⓘ
private investors ⓘ

How these facts were elicited

Referenced by (5)

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

Troubled Asset Relief Program → keyProgram → Public-Private Investment Program ⓘ
Emergency Economic Stabilization Act of 2008 → relatedProgram → Public-Private Investment Program ⓘ
Public Law 110-343 → relatedProgram → Public-Private Investment Program ⓘ
Timothy Geithner → oversawProgram → Public-Private Investment Program (PPIP) ⓘ
linked to: Public-Private Investment Program
Capital Purchase Program → relatedTo → Public-Private Investment Program ⓘ