News, analysis and personal reflections on the markets & the financial sector

Thursday, August 27, 2009

Treasury collects $7.3B from banks that tapped TARP

The many banks that received state aid through the Troubled Asset Relief Program have paid a total of $7.3 billion in dividend payments to the Treasury. Citigroup contributed $648 million as part of a deal that resulted in the government taking a 34% stake in the bank.

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