The "bail-out" money that went to giant financial institutions like Citibank and Goldman Sachs, along with General Motors and Chrysler during the Financial Crisis and the Great Recession, came from the:
Troubled Assets Relief Program T/F

Respuesta :

Answer:

Statement is true

Explanation:

TARF or Troubled Assets Relief program was set up and run by US treasury post global financial crisis of 2008 to improve economic growth and financial stability.

In order to do so, TARF purchased stock of troubled companies such as Citibank and Goldman Sachs. As a part of financial assistance, big financial institutions in US were granted bail-out money by TARF.