Really short on time this AM, a bit sloppy for this post. TARP
were the monetary back stops for the 2008 market melt, the last chance at the time. Aside from the state of the equity side of life and the focus there; the forgotten parts regular investors don't think about much; is the health of the "other" monetary areas of the economy. There are the every day, don't pay much attention to; large institution that are important in many aspects of everyday life; being large insurance companies and pension funds.
One example: As a result of the 2008 market melt, Lincoln Financial Group purchased a small S & L in order to qualify for a bail out package. The organization was at the edge of collapse.
More on this and a few links are at this
April, 2017 MFO page.
The below Fed Act is a broad search, so you'll have to pick and choose by newest date for likely best review; if you have interest in this. Federal Reserve Act, Sect. 13(3)CNBC article Overview, IMHO:
Gonna have to be a pile of fiscal action via Congress, aside from whatever is "legal" from the Treasury or Fed. Reserve.
Will repeat, Treasury check to the adults; and $2 Trillion other money; as a start
Hey, what do you think???
Take care of you and yours,