Capital Assistance Program

The Capital Assistance Program lends funds to banks to keep them afloat. No funds were disbursed and the Treasury announced it was closing the program in November 2009.

Funding agency and aid type
The funding agency was the Treasury Department.

The funds were a loan.

Who benefits
Banks.

Related SourceWatch articles

 * SIGTARP Quarterly Report to Congress July 21, 2009
 * Troubled Asset Relief Program

External resources

 * Capital Assistance Program