10 Banks To Repay $68B Of TARP Funds

Courtesy Donklephant  Tue, 06/09/2009 - 11:17am

That’s out of the nearly $230B given out over the past 9 months.

In other words, nearly 30% of the money that we would NEVER see again is being paid back.

And the government could actually make a profit if they choose to exercise stock options, but there’s word they won’t do that.

Here’s more from Wash Post :

The decision is a milestone for the Obama administration’s financial rescue plan, reflecting new confidence that some large...



 

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