July Oversight Report: Small Banks in the Capital Purchase Program

摘要

In this report, the Panel evaluates CPPs investments in small banks and attempts to judge the programs success by Treasurys own stated goals. In the early days of the CPP, when Treasury described its goals for the program, Treasury said that its primary goal was to stabilize the financial system, while its secondary goal was to increase credit. Treasury further explained that it included banks of all sizes in order to increase credit availability to the communities served by those disparate banks. But the links between these broad goals and including smaller banks in the program may be tenuous.