paybacks: TARP Profitable - Really? Do You Believe That? - 04/01/11 02:45 PM
Your Distressed Property and Short Sale Expert in Maryland
Don't!
Although the bank portion of TARP has made a small profit, as most banks are repaying their bail-out funds, others portions have not.$245 Billion out and $251 Billion back.
However:The auto companies and AIG took lots of funds too.
GM paid back the $6.7 Billion directily lent to it, but total funds, including stock purchases, were at least $50 billion from the Treasury.AIG took $182 billion, which is now mostly converted to AIG common stock - hopefully it will maintain it's value.
In total $564 Billion was loaned, and $250 Billion … (0 comments)

 
Dennis Helmstetter (Real Estate Teams LLC)

Dennis Helmstetter

Frederick, MD

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