What Is the Troubled Asset Relief Program?

The toxic asset plan is that when the market is in good condition, many aspects of the asset's adverse effects are temporarily covered up, and when the crisis comes, all the potential factors will accumulate and erupt. It's called "toxic assets". The toxic assets that the United States currently buys trillions are legacy loans and securities. Industry analysts say that the US banking system has approximately $ 2 trillion in toxic assets, mainly mortgage assets for housing and commercial real estate.