Troubled assets were removed from the Banks' books at face value, to be replaced by reserves on which the Fed pays interest to the Banks, rewarding them for not making loans.
不良资产的面值从账簿上剥离,取而代之的是带利息的储备金,利息是美联储支付给银行作为停止放贷的补偿。
"I will never apologise for changing an approach or strategy when the facts change," said Hank Paulson when he abandoned plans to buy troubled assets.
“我永远不会因为随着实际情况的变化而改变方法或策略而道歉,”汉克·保尔森(Hank Paulson)在放弃收购问题资产的计划时说道。
Others chanted "TARP! TARP!TARP!" during one of his convention speeches Saturday, a reference to hisvote for the bank bailout, the Troubled Assets Relief Program.
周六在有关他投票支持援助银行,也就是不良资产救助计划的会议上,他在进行一次演讲的时候,众人则高呼“TARP,TARP,TARP!”
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