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The TARP allows the U.S. Government to purchase toxic assets, such as securities based on subprime mortgages, from struggling financial institutions.



A note by UNI Finance on this piece of legislation is available under Related Files. It explains what the TARP is, what financial institutions can participate, what kind of assets the U.S. government can buy, what are the conditions attached to the purchase of such assets and it describes the use of TARP money to date.



This objective of this note is to provide background information for affiliates, in particular those in countries setting up legislation that allows the government to purchase toxic assets from banks.