4 ms·
Yes, Goldman paid back (with what looks to be about 4% interest), but the total expenditures of TARP have not yet been recovered, and are still a significant lo
by alttag 15y ago
Yes, Goldman paid back (with what looks to be about 4% interest), but the total expenditures of TARP have not yet been recovered, and are still a significant loss.
From wikipedia [1]:
Of the $245 billion invested in U.S. banks, over $169 billion has
been paid back, including $13.7 billion in dividends, interest and
other income, along with $4 billion in warrant proceeds as of April 2010
1: http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
- melling 15y agoOn that page, they list the participants, the amounts borrowed, and how much they paid back. http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#Participants http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#P... It looks like most of the money has been paid back. GMAC is one of the big outstanding exceptions. (+ 45 45 40 25 25 8.1 10 10 7.579 6.6 4 3.555 3.389 3 3 1.23)