The Capital Assistance Program is a U.S. Treasury program that provides capital injections in exchange for mandatory convertible preferred stock and warrants to bank holding companies.
Read more about Capital Assistance Program: Background and Timeline, Features of The Program
Famous quotes containing the words capital, assistance and/or program:
“Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.”
—Vladimir Ilyich Lenin (1870–1924)
“A composer is a guy who goes around forcing his will on unsuspecting air molecules, often with the assistance of unsuspecting musicians.”
—Frank Zappa (1940–1994)
“Alexander Woollcott broadcasts the story of the wife who returned a dog to the Seeing Eye with this note attached: “I am sending the dog back. My husband used to depend on me. Now he is independent, and I never know where he is.””
—For the State of New Jersey, U.S. public relief program (1935-1943)