Nonetheless, 10 of the 13 banks that originally
received TARP funds have been authorized to make repayments.
The Congressional Oversight Panel for the Troubled Asset Relief Program releases its July report, which examines several issues raised by the repayment of TARP funds by institutions that have
received TARP assistance.
Paladino called Lazio a «good man,» but then slammed him for accepting a $ 1.2 million Wall Street bonus from JP Morgan, which
received TARP bailout cash.
The banks that
received TARP funds were obligated to discuss their compensation programs in SEC filings, explaining how their practices did not encourage excessive risk.
Yet the recent fiscal stimulus law restricted H - 1B visas, granted to foreigners with advanced education and skills, for employees of firms that
receive TARP (bank bailout) money.
Not exact matches
Dimon has already repaid the $ 25 billion in
TARP funds JPMorgan
received, and says the emergency loan wasn't necessary.
I got this little nugget from Big Brother The Office of Public Affairs in my inbox just now... U.S. Treasury Department Office of Public Affairs FOR IMMEDIATE RELEASE: December 23, 2009 CONTACT: Treasury Public Affairs (202) 622-2960 TREASURY
RECEIVES $ 45 BILLION IN REPAYMENTS FROM WELLS FARGO AND CITIGROUP
TARP Repayments Now Total $ 164 Billion WASHINGTON...
«According to the Congressional Oversight Panel for
TARP (COP), the six largest banks
received a total of $ 1.27 trillion in government support.
Citigroup
received the largest taxpayer bailout in the history of finance from 2008 through 2010: $ 45 billion in Troubled Asset Relief Program (
TARP) funds; over $ 300 billion in asset guarantees; and more than $ 2 trillion in low cost loans.
Taxpayers have already
received over $ 16 billion in profits from all
TARP programs and that profit could be considerably higher as Treasury sells additional warrants in the weeks ahead.
Howard Bancorp Inc. in Ellicott City last year repaid its $ 5.98 million in
TARP money with about half of the $ 12.5 million it
received by switching to another government program, the Small Business Lending Fund.
WASHINGTON — Today, the U.S. Department of the Treasury
received repayments on its Troubled Asset Relief Program (
TARP) investments in Wells Fargo and Citigroup in the sum of $ 45 billion, bringing the total amount of repaid
TARP funds to $ 164 billion.
Harbor Bankshares Corp. of Baltimore
received $ 6.8 million in
TARP investment, and has missed 9 payments totaling $ 765,000.
Howard
received $ 6.5 million in early 2009 from
TARP.
There's no big bombshell in the report, which highlights — for example — the number of entities associated with the committee that
received federal bailout cash from
TARP (13), and the amount of campaign cash contributed from individuals and corporations involved in CSNY to Cuomo during the campaign ($ 1.8 million).
Jimmy Vielkind has reported that Lazio was paid a $ 325,000 salary and $ 1.3 million bonus for his work for J.P. Morgan in 2008 — the same year the firm
received federal
TARP bailout cash, which it later paid back.
They called us at the Bighorn Basin Project because the site is in our field area, and they'd
received reports the bright blue
tarp covering the site was sticking out of the ground and could draw attention.
The second program will
receive $ 25 billion from Fannie and Freddie and $ 50 billion from leftover
TARP funds.