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US bailout fund 'may make loss'

The Troubled Asset Relief Program calmed markets and underpinned the US economy during the financial crisis. But despite the US Treasury saying last week that Tarp would make a profit, the latest report suggests otherwise. The report said it was a "misconception that Tarp will make a profit".

 

'Deadbeat' TARP banks on the rise

'Deadbeat' TARP banks on the rise

The Obama administration has begun monitoring the high-level board meetings of nearly 20 banks that received emergency taxpayer assistance but repeatedly failed to pay the required dividends, according to Treasury Department officials and documents. And it may soon install new directors on some of their boards.

 

TARP bailout to cost taxpayers $25 billion: CBO

TARP bailout to cost taxpayers $25 billion: CBO

The U.S. Troubled Asset Relief Program, which risked $700 billion of government funds to bail out troubled banks and automakers, will cost taxpayers a mere $25 billion, according to an estimate released on Monday by the nonpartisan Congressional Budget Office.

 

Treasury: TARP Money Returned to Taxpayers Exceeds $250 Billion

Treasury updated its projections for the cost of the 2008 Troubled Asset Relief Program, saying that for the first time the amount of funds that has been returned to taxpayers exceeds $250 billion.

 

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