A list of Southern California banks that as of June 6 had not repaid all funds from the U.S. Treasury's Troubled Asset Relief Program, with missed quarterly dividend payments.

BING NEWS:
  • Some Smaller Banks Still Owe TARP Money
    The banks, which received funds through the Troubled Asset Relief Program ... wiping out all but $6 million of taxpayers' investment in the bank. California's Saigon National Bank owes roughly $1.5 million, plus an additional $390,000 in missed dividend ...
    09/25/2013 - 5:35 pm | View Link
  • TARP funds: Southern California banks that still owe
    Status: Gerald R. Ford investor group took over troubled institution in April 2010, providing $500 million in new capital. Deal gave Treasury Department 11% stake in bank. Pending sale to UnionBanCal Corp. would more than double Ford's money and yield ...
    07/5/2012 - 9:00 pm | View Link
  • Banks More Than Halfway to TARP Bailout Repayment
    The much-maligned banks that took bailouts from the U.S. government and taxpayers are doing a good job repaying their debts, according to the U.S. Department of the Treasury. Banks have now repaid more than half of the funds outstanding as part of the ...
    05/1/2011 - 1:00 pm | View Link
  • More banks missing TARP dividend payments
    Saigon National Bank in Southern California has missed seven ... In addition, they note that taxpayers have already recovered three-quarters of the TARP funds invested in banks. Others expect the problem of missed dividend repayments to continue to ...
    09/12/2010 - 1:00 pm | View Link
  • Small Banks Behind on TARP Repayment; More Opinions on Mortgage Reform; Home Builders Outsold by REO Inventory Holders; MGIC & RMIC Updates
    Lending was expected to be boosted by the TARP funds banks borrowed from Treasury ... In a column from the Highland Times (Southern California) comes a story stating that in the last 18 months, banks have sold more homes than home builders have!
    07/19/2010 - 10:09 pm | View Link
  • TARP Tax More Politics Than Economics
    U.S. President Barack Obama today (Thursday) unveiled the widely anticipated "Financial Crisis Responsibility Fee," which effectively amounts to a tax on banks to pay back ... professor at the University of Southern California, told Bloomberg.
    01/14/2010 - 11:00 am | View Link
  • British Rum Maker Got a $2.7 Billion Payout from TARP
    Congress inserted the tax benefits for companies other than banks in a fog of confusion and panic after ... nonpartisan JCT in May to become a professor at the University of Southern California’s Gould School of Law, says Congress routinely deals with ...
    06/27/2009 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Treasury's bank bailout list
    The Treasury Department has invested about $200 billion in hundreds of banks though its Capital Purchase Plan in an effort to prop up capital and support new lending.
    02/13/2016 - 11:56 pm | View Website
  • The New Ownership Society: Federal Reserve Bank, U.S ...
    24 Responses to “The New Ownership Society: Federal Reserve Bank, U.S. Treasury, and the FDIC – FYI, We Already Own More Than you Think.”
    02/13/2016 - 9:54 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    02/13/2016 - 3:27 pm | View Website
  • Financial Times
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    02/13/2016 - 11:02 am | View Website
  • Bailout List: Banks, Auto Companies, and More | Eye on the ...
    Bailout Recipients. Last update: Feb. 1, 2016. We're tracking where taxpayer money has gone in the ongoing bailout of the financial system. Our database accounts for ...
    02/11/2016 - 12:31 pm | View Website
  • About Us | Pacific Premier Bank | Irvine
    Pacific Premier Bank is one of the strongest performing, diversified, and fastest growing community banks in the nation. Our commitment to providing unparalleled ...
    02/11/2016 - 10:43 am | View Website
  • TARP and HAMP Require That Foreclosure Be Suspended
    A mortgage lender which received TARP funds, or which voluntarily signed up for President Obama’s HAMP program, must suspend a foreclosure action while a borrower ...
    02/11/2016 - 3:55 am | View Website
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