Articles About Financial Stability
- Author:
- James I. Clark III
- Posted:
- 06.29.2010
Treasury: TARP Repayments Now Surpass Debt
The $700 billion Troubled Asset Relief Program (TARP) is turning out to be a better bet than many thought at first. According to the Treasury Department, the amount of money repaid by banks and other recipients now exceeds TARP’s outstanding balance. In a monthly report to Congress on the program, TARP repayments total $194 billion; […]