6. In September 2008 the Democratic controlled Congress set out to redesign the

Question

6. In September 2008 the Democratic controlled Congress set out to redesign the 3-page TARP plan from Treasury Secretary Paulson. The secretary was concerned that if the congressional redesign attempted to cap executive pay it would put a _________ on the program.

a. stigma

b. hold

c. high price

7.

Of the $700 billion allotted in the Troubled Asset Relief Program, how much was used to actually buy troubled assets (e.g., mortgaged back securities, CDOs, CDSs, etc.)?

Select one:

a. $0

b. $250 billion

c. $350 billion

d. $700 billion

Explanation / Answer

In September 2008 the Democratic controlled Congress set out to redesign the 3-page TARP plan from Treasury Secretary Paulson. The secretary was concerned that if the congressional redesign attempted to cap executive pay it would put a _______________ on the program

Anser = a. Hold

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