Tarp Repayments

6 More Banks Repay TARP Funds

Posted 05.25.2011

WASHINGTON (AP, By Daniel Wagner) -- Six banks have repaid government bailouts worth a combined $2.66 billion, the Treasury department said Wednesday....

Shahien Nasiripour

Citigroup Stock Sale DELAYED By Treasury Department

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

The Treasury Department is backing off its plans to help Citigroup free itself from partial government ownership after the markets priced Citi's share...

Citigroup: The Last U.S.-Owned Bank

nytimes.com | ANDREW MARTIN and ERIC DASH | Posted 05.25.2011

A day after Bank of America announced that it would repay its federal bailout money, Citigroup and Mr. Pandit, its chief executive, were left in the u...

Do American Taxpayers Receive Dividends on Repaid TARP Funds?

Ben Arnon | Posted 05.25.2011

Ben Arnon

I diligently followed the TARP debate and happenings early on. However, at this point there have been so many versions, revisions, and debates about the TARP program that I have lost track.

Bailout Refunds Are Really About Escaping Pay Limits: Andrew Ross Sorkin

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011

Bank of America is paying back $45 billion in taxpayer-provided bailout money, and the government now says it expects to get back $200 billion in thos...

After TARP Repayments, Banks Are Now 'Free To Fail Again': Steven Pearlstein

washingtonpost.com | Steven Pearlstein | Posted 05.25.2011

As far as I can tell, top administration officials are fixated on voter rage over bank bailouts and the resulting hit to the president's poll ratings....

BofA CEO Search To Be Aided By Lifting Of TARP Pay Restrictions

AP | SARA LEPRO | Posted 05.25.2011

NEW YORK — Bank of America Corp. has been having a tough time finding a new CEO willing to accept the restrictions that came as a condition of b...

Geithner: TARP Repayments Don't Hurt Bank Lending Ability

Bloomberg | Rebecca Christie | Posted 05.25.2011

Treasury Secretary Timothy Geithner said U.S. banks aren't hurting their ability to lend as they repay the Troubled Asset Relief Program and back away...

Citigroup, Wells Fargo Clash With Government Over TARP Repayment

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 05.25.2011

NEW YORK — Citigroup Inc. and Wells Fargo & Co. are seeking to repay billions in federal bailout aid but so far haven't received permission from...

Despite TARP Repayments, Banks Are Still Sustained By Government Money

The Business Insider | John Carney | Posted 05.25.2011

Despite the massive repayments of TARP money coming from our biggest banks, the financial system is still very much dependent on the rescue operations...

Treasury Retreats From Standoff With TARP Watchdog

The Wall Street Journal | EVAN PEREZ and DEBORAH SOLOMON | Posted 05.25.2011

The Treasury Department backed away from a standoff over the independence of the special government watchdog appointed to scrutinize how last year's $...

Morgan Stanley Shortchanged Taxpayer By $400M: Report

businessinsider.com | John Carney | Posted 05.25.2011

This morning Morgan Stanley said it paid $950 million to repurchase warrants issued to the government as part of last fall's bank bailout program. So ...

Goldman, Banks Cheer Escape From TARP Restrictions

nytimes.com | ERIC DASH | Posted 05.25.2011

None of the banks' executives crowed publicly, but some of their employees celebrated Tuesday night. At an outdoor cafe on Stone Street, near Goldman'...

TARP Repayments: Banks Freed To Pay Bonuses, Dodd's Restrictions

bloomberg.com | Christine Harper and Elizabeth Hester | Posted 05.25.2011

June 10 (Bloomberg) -- JPMorgan Chase & Co., Goldman Sachs Group Inc. and the eight other banks cleared yesterday to repay their U.S. government rescu...

TARP Repayments May Not Help Consumers

Jun. 9, 2009 | Colin Barr, Senior Writer | Posted 05.25.2011

NEW YORK (Fortune) -- Don't expect TARP-free banks to unleash a torrent of loans to cash-strapped consumers. The Treasury Department told ten big b...