Comments on: TARP Repayments Reach $164 Billion

By: David Ritko

David Ritko — Sat, 30 Oct 2010 13:56:26 +0000

No mention of the $66 Billion cost that the CBO projected? Or the smaller figure from the Obama administration thast said the cost to the taxpayers would be $50B? Funny how that difference comes to $16B

By: Josh Dowlut

Josh Dowlut — Mon, 10 May 2010 19:57:33 +0000

The banks repaid their TARP bailout money with other bailout money and government guarantees that allowed the “too-big-to fail” to raise capital while the smaller banks could not. To say it was a profit is to use one-sided accounting that ignores the black holes of AIG, Fannie/Freddie, TALF-the cash for trash program, a Fed funds and discount rate of less than 1 that funded the purchase of longterm US treasuries, and the rest of the 11+ trillion committed and 3+ trillion spent of which TARP played a minor, but notorious role.

By: ETF Guy

ETF Guy — Tue, 29 Dec 2009 22:19:33 +0000

Didn’t I read that one bank was repaying by issuing more shares? Which means that the investors currently holding shares will see the value decline and new investors will actually be paying back the loan that they originally paid for with their taxes. I’m not saying that all of the financial instituitions are doing this, but I do remember a headline about one…

By: John Smith

John Smith — Thu, 24 Dec 2009 15:28:36 +0000

Repayment of TARP is a total joke. The banks are using the FED to make billions and then pay back the Treasury with that money. If I could borrow billions of at zero percent I could make quite bits of money as well.