How the “bailout” money is being spent, a list of banks that received TARP funds and who’s paid the “bailout” money back.

Below is an article by Craig P. Aubuchon from the St. Louis Fed that breaks down how the $700 billion in “bail-out” money is being spent:

 

The “bail-out money” most people refer to is the “Capital Purchase Program” part of the TARP funds where banks received money in exchange for issuing preferred securities and warrants to the United States government according to the terms below:

 

The link below has a great deal of information including:

1. Which banks have received bailout money; 
2. How much they’ve received; and
3. Which banks have paid they money back.

Overall as of June 19, 2009 it looks like about $199.5 billion was paid out to banks through the Capital Purchase Program & $70.1 billion has been paid back for a total US government investment of approximately $129.4 billion.

http://money.cnn.com/news/specials/storysupplement/bankbailout/

Tagged as: banks that have paid back TARP funds, how bailout money was spent, list of banks receiving bailout money, tarp allocation, terms of capital purchase program