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Mar 9, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: The government has recouped TARP money by accepting other government funds

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
The government has recouped TARP money by accepting other government funds
Mar 9th 2012, 17:42

The federal government seems to be on track in recouping the $414 billion in taxpayer money spent under the Troubled Asset Relief Program, with $120.7 billion now outstanding. But it turns out that over 130 bailed-out institutions paid back their TARP money simply by taking out loans from yet another government program, suggesting that the government--and taxpayers--actually haven't gotten paid back yet.

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