TARP News

May

4 TARP Recipients That Made A Profit - San Francisco Chronicle

2012-05-18

4 TARP Recipients That Made A ProfitSan Francisco ChronicleProponents of TARP believed that letting these institutions fail could cause a complete financial collapse. Opponents of TARP believed that no institution should be too big to fail and there were millions of small businesses, and countless citizens, ...Treasury Weighs Selling TARP Bank Shares in PoolsBusinessWeekQueensborough defers TARP payments until capital position is strongerThe Augusta ChronicleA Better Way to Buy Bank Stocks?DailyFinanceall 6 news articles »

May

Facebook's IPO Finra Test, TARP Sale, Bank Reports: Compliance - Bloomberg

2012-05-17

BloombergFacebook's IPO Finra Test, TARP Sale, Bank Reports: ComplianceBloombergCompliance Action Treasury Weighs Selling TARP Bank Shares in Pools to Draw Buyers The US Treasury may pool stakes in small banks bailed out during the financial crisis to entice potential investors as the Obama administration winds down the Troubled ...Facebook's IPO Finra Test, TARP, Bank Reports: ComplianceBusinessWeekall 2 news articles »

May

Treasury Weighs Selling TARP Bank Shares in Pools - Bloomberg

2012-05-17

Treasury Weighs Selling TARP Bank Shares in PoolsBloombergMost of the 343 bailed-out banks still in TARP will be unable to repay $12 billion in taxpayer funds they hold, according to the Treasury. For those banks that don't repay, the administration will try to sell its stakes in the remaining lenders through ...Arizona, US banks still struggle with TARP, mortgage fundPhoenix Business Journal (blog)Treasury Wants To Make Banks Boring Again By Selling CDOs Of Community-Bank ...DealBreakerall 3 news articles »

May

Tarps Plus Announces Nation Wide Discounts for All US Farmers - San Francisco Chronicle (press release)

2012-05-17

Tarps Plus Announces Nation Wide Discounts for All US FarmersSan Francisco Chronicle (press release)Leading tarp supplier Tarps Plus will be offering all US farmers discounts on tarps for the last week of May. Palmdale, Ca (PRWEB) May 17, 2012 Farmers can always use savings and one tarp supplier intends to make sure they do. Tarps Plus, a leading US ...Tarps Plus Announces Nation Wide Discounts for All U.S. FarmersPR Web (press release)all 3 news articles »

May

Retirement spurs TARP questions - Simi Valley Acorn

2012-05-17

Retirement spurs TARP questionsSimi Valley AcornThe Teen Assistance and Resource Program, or TARP, provides youths age 12 to 17 with free support services for issues related to truancy, substance abuse, peer pressure and personal crises. Teens are referred to the program through various channels, ...

Apr

TARP: Billions in Loans in Doubt - Wall Street Journal

2012-04-24

Los Angeles TimesTARP: Billions in Loans in DoubtWall Street JournalChristy Romero, special inspector general for the Troubled Asset Relief Program, said 351 small banks with some $15 billion in outstanding TARP loans face a "significant challenge" in raising new funds to repay the government.TARP Profit A Myth, Claims TARP Inspector General Christy RomeroHuffington PostUS watchdog doubts TARP will turn a profit for taxpayersLos Angeles TimesTARP Inspector Says Taxpayers Still in the HoleTheStreet.comNPR -Fox News -Forbesall 91 news articles »

May

1st Community Bank owes $2.5 million in TARP funds - Sacramento Bee

2012-05-16

The Epoch Times1st Community Bank owes $2.5 million in TARP fundsSacramento BeeIn the monthly TARP report turned over to Congress last week, Community 1st was listed with $2550000 outstanding in April out of the original $2.7 million it received under TARP. Significantly, the report also noted that the bank had nine missed ...Community Bank TARP SagaThe Epoch TimesSC bank raising capital to buy back TARP stockCharleston Regional BusinessBucking banking anger at local levelGalesburgPlanet.comall 13 news articles »

May

Gretchen Morgenson Makes the Case for an Accurate Accounting of Bailout Costs - Business Insider

2012-05-19

Gretchen Morgenson Makes the Case for an Accurate Accounting of Bailout CostsBusiness InsiderThe methodology that the Treasury Department is using when claiming that we made money on the TARP would imply that the government could make money by issuing a 30-year mortgage at 1.0 percent interest to every homeowners in the country.

May

Tarps Are Going Cheap For Hurricane Preparedness Sales Tax Holiday - San Francisco Chronicle (press release)

2012-05-11

Tarps Are Going Cheap For Hurricane Preparedness Sales Tax HolidaySan Francisco Chronicle (press release)A leading US tarp supplier Tarps Plus is offering tarps without tax for the Hurricane Preparedness Sales Tax Holiday. Palmdale, Ca (PRWEB) May 11, 2012 Every year Tarps Plus rolls out their hurricane tarps for the potential hurricanes that strike ...and more »

May

TARP payback time - Winston-Salem Journal

2012-05-12

TARP payback timeWinston-Salem JournalCommunity banks serving the Triad received a combined $315 million in TARP capital to shore up their financial health in 2008, and most have not repaid it. Southern Community Financial Corp. appears set to get rid of its obligation by being bought.

May

4 TARP Recipients That Made A Profit

2012-05-18

New estimates show that the TARP program may show a profit of $23.6 billion over the life of the bailout program.

May

Treasury Weighs Selling TARP Bank Shares in Pools

2012-05-17

The U.S. Treasury may pool stakes in small banks bailed out during the financial crisis to entice potential investors as the Obama administration winds down the Troubled Asset Relief Program.

May

Hawthorn Bancshares Repays $12 Million of TARP

2012-05-09

Hawthorn Bancshares, Inc. , a financial services holding company, today repaid $12 million of its $30.2 million TARP obligation to the U.S. Treasury.

May

Small banks have hard time paying back TARP money

2012-05-08

The special inspector general for the Troubled Asset Relief Program recently issued a report on the 707 U.S. banks that received a total of $245 billion from the Treasury Department beginning in 2008, when America's...

May

Enterprise Financial to repay TARP funds

2012-05-08

Clayton-based Enterprise Financial Services said it plans to repay federal TARP money this year if regulators approve.

May

TARP Tightens Taxpayer’s Purse Strings

2012-05-10

AIG, the automotive industry, and housing foreclosure programs account for most of the cost to the taxpayer.

May

Tarps Plus Announces Nation Wide Discounts for All U.S. Farmers

2012-05-17

Leading tarp supplier Tarps Plus will be offering all U.S. farmers discounts on tarps for the last week of May.Palmdale, Ca (PRWEB) May 17, 2012 Farmers can always use savings and one tarp supplier intends to make sure they do. Tarps Plus, a leading U.S. tarp supplier is planning to discount their entire tarp catalog to farmers in order to help the agriculture and farming industry; the discount ...

May

Queensborough defers TARP payments until capital position is stronger

2012-05-17

Queensborough National Bank & Trust is holding $12 million in preferred stock from the U.S. Treasury's Troubled Asset Relief Program and has deferred seven payments to strengthen the bank's capital position before replacing the money.

May

Community Bank TARP Saga

2012-05-16

"The government shouldn’t be in the business of owning stakes in private companies for an indefinite period of time." - U.S. Treasury announcement.

May

Facebook’s IPO Finra Test, TARP Sale, Bank Reports: Compliance

2012-05-17

Facebook Inc. (FB) ’s initial public offering will be the biggest test of a rule introduced in 2011 to protect investors and curb volatility on the first day a company trades.

May