TARP

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Why the Ally IPO is good news for taxpayers

Apr 10, 2014
Taxpayers will receive nearly $2.4 billion from their IPO
Posted In: IPO, Ally Financial, TARP

Ghosts of TARP haunt community banks

Oct 8, 2013
While the big banks have mostly paid the money back, small community banks are now struggling.
Posted In: TARP, small banks, Banks

TARP, five years later

Oct 3, 2013
Five years ago today, the Troubled Asset Relief Program became law.
Posted In: TARP

States divert foreclosure prevention money to demolitions

Sep 3, 2013
The Treasury Department has changed the rules on a program meant to help people hit by the housing crisis stay in their homes, allowing states to use some money from the $7.6 billion foreclosure prevention program to demolish homes instead.
Posted In: Housing, housing crisis, TARP

Giving credit to the government for the bailout

Jan 24, 2013
Alan Blinder, an economist and former vice chairman of the Federal Reserve, discusses why he thinks the government doesn't get enough credit for saving the U.S. economy from a much worse fate.
Posted In: bailout, financial bailout, TARP, stimulus, Federal Reserve

Behind the scenes of the bank bailouts

Jul 23, 2012
Former TARP Inspector General Neil Barofsky talks about his new tell-all, "Bailout," on what went on during the height of the financial crisis.
Posted In: bank bailout, TARP, Henry Paulson

Neil Barofsky on the failures of TARP

Jul 23, 2012
The Troubled Assets Relief Program -- TARP -- was the formal name for what we often just call "the bailout." In 2008 Congress allocated $700 billion to stabilize the U.S. financial industry. Congress and President Bush assigned one man to build a team, and police all that spending.
Posted In: TARP, bailout, Banks

Are small banks in big trouble?

Apr 25, 2012
A report out today from the special inspector general who oversees the 2008 bank bailout known as TARP has some bad news about small banks. He says more than 300 small banks that borrowed money from the federal government during the financial crisis have yet to pay it back.
Posted In: banking, TARP

Small banks struggling to pay TARP funds back to feds

Apr 25, 2012
In a report to congress, TARP's inspector general says while the program will likely end up making a profit for taxpayers, there's ongoing worry that many small banks are having trouble paying back the feds.
Posted In: TARP, banking

Small banks struggle to pay off TARP funds

Apr 25, 2012
The Troubled Asset Relief Program’s inspector general says bailout funds helped community banks, but many are struggling to raise fresh capital.
Posted In: Housing, TARP, small banks, Banks

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