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Tag Archive: TARP

Who’s seeking A Piece of the Action?

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The bailout (the Emergency Economic Stabilization Act, the Troubled Asset Relief Program, TARP, etc.) and the stimulus (the American Recovery & Reinvestment Act) are massive pieces of legislation with lots of moving parts. Thus, the more eyeballs on them and what's around them, the better.

A Piece of the Action? tracks one aspect of the unfolding age of bailing and stimulating -- interests hiring Washington lobbyists to at the very least monitor and likely to try to influence how the government spends its money.

As noted immediately below, this database is an imperfect resource. But it's what we can do ...

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Treasury Taking a Bath on TARP

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Via twitter, via Right Org, comes this very cool way of tracking the Treasury Department's Troubled Asset Relief Program investments from Ethisphere -- almost like an S&P index of stocks of publicly traded firms that have received money from TARP:

For the week ended February 13, 2009, the aggregate Ethisphere TARP Index is down a total of $86.5 billion, out of the original investment principal of $195.5 billion for a total balance of $109 billion. However, the Adjusted Ethisphere TARP Index, which excludes the calamity investments, has an aggregate loss $27.6 billion as of the week ...

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