Bank Bailout Program Has Generated An Average Return of 10% for US : Report

A govt program to bail out banks at the height of the financial crisis has so far turned a profit, according to a report by investment bank Keefe, Bruyette & Woods. The Capital Purchase Program, part of the $700 billion TARP, has generated an average return of 10% on the initial investment in 61 banks that have fully repaid the aid, said the report, issued on Wednesday – FBN

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.