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4.TARP was designed, in part, to reduce foreclosures during the Financial Crisis

ID: 1175496 • Letter: 4

Question

4.TARP was designed, in part, to reduce foreclosures during the Financial Crisis. During the Bush administration, how much of the $700 billion TARP funds was used to reduce foreclosures?

Select one:

a. $0

b. $25 billion

c. $50 billion

d. $150 billion

e. $200 billion

5. Which person is is unofficially acknowledged with starting the Tea Party political movement after giving a spirited review of President Obama's Making Home Affordable plan in 2009?

Select one:

a. Glen Beck

b. Ben Bernanke

c. Rush Limbaugh

d. Rick Santelli

What info is needed? This was the only thing in the questions.

Explanation / Answer

4.

Option B $50 billion

Of $700 billion fund ,$50 billion went to foreclosure prevention programs, such as Making Home Affordable.

5.

Option: Rick Santelli

Rick Santelli unofficially acknowledged with starting the Tea Party political movement after giving a spirited review of President Obama's Making Home Affordable plan in 2009.

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