Where Did the TARP Money go? [Veronique de Rugy]

The Corner

Here is a good recap table:

Using data from the Treasury’s official bailout website — financialstability.gov — here are the latest figures:

 

 

 

 

 

Amount

 

 Money Still Held by Banks  

 

 $172.6 billion 

 

 Homeowners (mortgage modifications)

 

 $18.3 billion   

 

 AIG

 

 $69.8 billion   

 

 Auto Industry

 

 $85 billion   

 

 TALF ( Term Asset-Backed Securities Loan Facility)

 

 $20 billion   

 

 Already Repaid

 

 $70 billion

 

 Uncommitted/Not Yet Spent

 

 $264.3 billion

 

 

Total:

 

 $700 billion.

 

Read the whole thing here.