What was the revised goal of the Troubled Asset Relief Program introduced by the U.S. government?
A) To decrease leverage by providing funds to decrease capital ratios.
B) To decrease leverage by demanding collateral from banks.
C) To decrease leverage by providing funds to increase capital ratios.
D) To increase leverage by providing funds to decrease capital ratios.
E) To increase leverage by providing funds to increase capital ratios.

Question

Quizplus · Accepted Answer

The revised goal of the Troubled Asset Relief Program was to decrease leverage by providing funds to increase capital ratios of banks. This was done to stabilize the financial system and restore confidence in the banking sector, which was severely affected by the subprime mortgage crisis.

What Was the Revised Goal of the Troubled Asset Relief