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 TARP Bank Programs Turn Profit

Treasury Building

The U.S. Department of the Treasury announced that the Troubled Asset Relief Program’s (TARP) investment in banks has now turned a profit after three financial institutions repaid a total of $7.4 billion in TARP funds today to taxpayers.

Acting Assistant Secretary for Financial Stability Tim Massad also announced a new analysis that evaluates the fiscal cost of the government’s broader efforts to restore financial stability.  Writing that "it is important to include a complete view of the expected profits and losses from all of those programs – not just TARP," Massad included the analysis in a Treasury Notes blog post.

Read TARP Bank Programs Turn Profit After Three Financial Institutions Repay $7.4 Billion.

Read A Wide-Angle Lens on the Government’s Financial Stability Programs.




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Last Updated :4/13/2011 8:32 PM