Purpose – The purpose of this paper is to determine if the US Treasury's at-the-market sales of 5.27 billion Citigroup … shares in 2010 drove down the banks' share price. It attempts to use the evidence of Citigroup's stock returns to accept or … impacts of the US Treasury's liquidation of its 27 percent stake in Citigroup in 2010. Because the stock sales were delegated …

The Troubled Asset Relief Program (TARP), or the $700 billion bailout, has been the subject of much academic interest … considerable work has been done on the bank bailouts in the TARP, the troubled asset programs, automotive rescues, homeowner …

measure whether banks that benefited from the Troubled Asset Relief Program (TARP) increase small business loan originations …. We propose an identification strategy which exploits the ownership structureof bank holding companies. We find that TARP … banks provide on average 19% higher small business loan originations than NO TARP banks. The disaggregated data allows us to …