Relevant:
- Treasury to Auction Shares in Five More Tarp Banks
- Treasury Fails to Sell Tarp Shares in Guaranty Federal
- Primary Dealers Rigged Treasury Auctions, Says Lawsuit Based on Star Market-Manipulation Researcher
- Strong banks, weak credit: Treasury rethinks TARP
- Treasury Deluge Stuns Market, Rates and Yields Soar
2012-12-13 — americanbanker.com
``None of the Treasury's prior auctions have generated a profit, and some performed worse than projection for the upcoming auction. Past auctions of 84 banks produced about $1.5 billion in proceeds, or $221 million less than the original investment. However, the Treasury has netted a profit when taking into account all of its Tarp divestiture programs. Nearly $268 billion has been recovered from the $245 billion first invested.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
