Many Small Banks Still Struggle To Repay Tarp

Small Banks

Small banks still owe $11 billion of taxpayer money under TARP, and the government is threatening to unload its stakes in them at big discounts to new investors.Nearly four years after Washington bailed out Wall Street, small banks have yet to repay $11 billion of taxpayer money.

Sections:  news   politics   business   
Topics:  bailouts   bank bailout   banks   billion   investor   tarp   wall street   
RELATED ARTICLES
  • Bill Gates repeats at top of Forbes' list of billionaires
    World's richest man got richer with $79. billion in 2015. More
  • US medicine spending shows rare dip
    Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
  • YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month
    With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets,  that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More
BING NEWS:
  • The best small business savings accounts with no fees and above-average interest rates
    CNBC Select analyzed and compared business savings accounts offered by online and brick-and-mortar banks, including large credit unions. We favored online banks since they typically offer above ...
    04/23/2024 - 7:17 am | View Link
  • The best small personal loans starting under $5,000 in April 2024, and how to get one
    Are you facing an unexpected expense? Whether it’s an urgent car repair, an unforeseen medical bill, or an essential home repair that can’t be delayed, a small personal loan might be just what ...
    04/21/2024 - 1:00 pm | View Link
  • How to Prepare for AI Banking and Lending
    The first thing I want to discuss is AI in the abstract: What is it, in the simplest terms? In a basic sense, AI is the interpretation of data, only on a massive, almost unimaginable scale. It uses ...
    04/18/2024 - 3:19 am | View Link
  • How to get a personal loan with bad credit, and how to improve your odds of approval
    A step-by-step guide on how to get a loan with bad credit. Plus, learn about how to choose the right lender and how to improve your credit.
    04/16/2024 - 8:00 pm | View Link
  • Best Banks for Small Business of April 2024
    Get insights into your cash flow trends, track revenue and expenses, and receive personalized recommendations to make smarter financial decisions.
    04/16/2024 - 1:01 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News