TARP pays back $164 billion

[Chris]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

 

[PatekPhilippe]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

 

[Chris]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

Fuck Bush the Lesser and the horse he rode in on.

 

[Harry Dresden]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

Fuck Bush the Lesser and the horse he rode in on.

he doesnt like horses dipshit...

 

[potter 58]

no shit Harry he was a a faux cowboy from the beginning, but it worked

 

[potter 58]

BTW and not all that bright

 

[Chris]

no shit Harry he was a a faux cowboy from the beginning, but it worked

It sure did.

Then he left office and moved to a gated community.

 

[rdean]

but but but but but Republicans have saying Obama GAVE the money away. You mean they are PAYING IT BACK????? How can that be? Oh no, what if they are PAYING IT BACK WITH INTEREST???????

What does that say about the Republicans? Oh the shame of it all! The disgrace!

 

[sealybobo]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

If you recall, Bush's plan was to have zero oversite and zero accountability. Luckily Pelosi & Reed didn't let that happen.

They wouldn't have paid back the TARP if the GOP/Bush/McCain were in charge.

Getting the money back was Obama's doing. They didn't like being under the Democrats control.

Its fun being under the GOP's control if you are a corporation because they don't have any stipulations to taking our money. Just take it. And don't show us where the money went either. That would be wrong.

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Maddening, huh?

In short, the so-called "mother of all bailouts," which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch - who, we remind you, will have the incentive to act upon this privilege as quickly as possible, before they leave office. The measure will run up the budget deficit by a significant amount, with no guarantee of recouping the outlay, and no fundamental means of holding those who fail to do so accountable.

So if Bush/Paulson got their way, we would not have recouped any of the money.

 

[Chris]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

If you recall, Bush's plan was to have zero oversite and zero accountability. Luckily Pelosi & Reed didn't let that happen.

They wouldn't have paid back the TARP if the GOP/Bush/McCain were in charge.

Getting the money back was Obama's doing. They didn't like being under the Democrats control.

Its fun being under the GOP's control if you are a corporation because they don't have any stipulations to taking our money. Just take it. And don't show us where the money went either. That would be wrong.

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Maddening, huh?

In short, the so-called "mother of all bailouts," which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch - who, we remind you, will have the incentive to act upon this privilege as quickly as possible, before they leave office. The measure will run up the budget deficit by a significant amount, with no guarantee of recouping the outlay, and no fundamental means of holding those who fail to do so accountable.

So if Bush/Paulson got their way, we would not have recouped any of the money.

Bush tried to raid the Treasury on his way out of town.

 

[garyd]

Bush spent half the TARP funds oon bailing out banks. Obama is going to spend the other half on retarded shit where tere will be no payback... By the way we are still down 175 billion.

 

[PatekPhilippe]

but but but but but Republicans have saying Obama GAVE the money away. You mean they are PAYING IT BACK????? How can that be? Oh no, what if they are PAYING IT BACK WITH INTEREST???????

What does that say about the Republicans? Oh the shame of it all! The disgrace!

rdean...you epitomize stupid...BUSH was responsible for the TARP program and specifically said the banks would have to pay it back....when Obama came into office and got his pork laden "Stimulus" passed he said NO ONE had to pay it back...

You really need to pull your head out of your boyfriends ass once in a while and come up for air.

 

[PatekPhilippe]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

If you recall, Bush's plan was to have zero oversite and zero accountability. Luckily Pelosi & Reed didn't let that happen.

They wouldn't have paid back the TARP if the GOP/Bush/McCain were in charge.

Getting the money back was Obama's doing. They didn't like being under the Democrats control.

Its fun being under the GOP's control if you are a corporation because they don't have any stipulations to taking our money. Just take it. And don't show us where the money went either. That would be wrong.

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Maddening, huh?

In short, the so-called "mother of all bailouts," which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch - who, we remind you, will have the incentive to act upon this privilege as quickly as possible, before they leave office. The measure will run up the budget deficit by a significant amount, with no guarantee of recouping the outlay, and no fundamental means of holding those who fail to do so accountable.

So if Bush/Paulson got their way, we would not have recouped any of the money.

Oh yeah...sure...we believe you.....BOBO

 

[sealybobo]

Bush spent half the TARP funds oon bailing out banks. Obama is going to spend the other half on retarded shit where tere will be no payback... By the way we are still down 175 billion.

Actually, the spending that Dems do, almost all of it comes back because it is spent IN America ON Americans.

Bailing out the banks??? What for? The crash was created by the GOP and Corporations and they are trying to put it on the Dems.

Please cry to me about the spending Clinton did. You can't? Exactly!!! Because in a good economy, people don't cry about spending on social programs.

Remember the GOP didn't even admit the economy was bad until they absolutely had to.

So why should we listen to you guys now?

 

[sealybobo]

Kudos to Bush for the TARP program

If you recall, Bush's plan was to have zero oversite and zero accountability. Luckily Pelosi & Reed didn't let that happen.

They wouldn't have paid back the TARP if the GOP/Bush/McCain were in charge.

Getting the money back was Obama's doing. They didn't like being under the Democrats control.

Its fun being under the GOP's control if you are a corporation because they don't have any stipulations to taking our money. Just take it. And don't show us where the money went either. That would be wrong.

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Maddening, huh?

In short, the so-called "mother of all bailouts," which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch - who, we remind you, will have the incentive to act upon this privilege as quickly as possible, before they leave office. The measure will run up the budget deficit by a significant amount, with no guarantee of recouping the outlay, and no fundamental means of holding those who fail to do so accountable.

So if Bush/Paulson got their way, we would not have recouped any of the money.

Oh yeah...sure...we believe you.....BOBO

Fuck you if I can show you these facts and you don't want to address the facts I've provided.

To me, you just admitted you lost and I won.

If I didn't provide a link you would be asking me for proof. I provided you the link so now you just don't believe the messanger?

Don't believe facts then stupid.

 

[Chris]

Bush spent half the TARP funds oon bailing out banks. Obama is going to spend the other half on retarded shit where tere will be no payback... By the way we are still down 175 billion.

Actually, the spending that Dems do, almost all of it comes back because it is spent IN America ON Americans.

Bailing out the banks??? What for? The crash was created by the GOP and Corporations and they are trying to put it on the Dems.

Please cry to me about the spending Clinton did. You can't? Exactly!!! Because in a good economy, people don't cry about spending on social programs.

Remember the GOP didn't even admit the economy was bad until they absolutely had to.

So why should we listen to you guys now?

I would rather money be spent in America than in Iraq.

When will the Republicans learn that wars are expensive and useless?

 

[Toro]

SAN FRANCISCO (MarketWatch) -- The Troubled Asset Relief Program has generated at least $16 billion in profit so far, the Treasury Department said late Wednesday.

Earlier Wednesday, Citigroup /quotes/comstock/13*!c/quotes/nls/c (C 3.28, -0.01, -0.30%) and Wells Fargo /quotes/comstock/13*!wfc/quotes/nls/wfc (WFC 26.82, -0.03, -0.11%) said they repaid $45 billion that they got from TARP. That brings the total amount repaid into the program to $164 billion, the Treasury explained. Read about Citi and Wells repayments.

Total repayments by TARP banks should top $175 billion by the end of 2010, cutting taxpayer exposure to the sector by three-quarters, the Treasury estimated

TARP profit at least $16 bln so far: Treasury - MarketWatch

Kudos to Bush for the TARP program

Yes, I agree. Bush helped the country avoid the Great Depression 2.0.

 

[Toro]

If you recall, Bush's plan was to have zero oversite and zero accountability.

Yes, I agree with this too.

The first Paulson draft was to have had no way of anyone ever knowing anything about what happened to the $700 billion. It was an egregious affront to democracy.

 

[Article 15]

If you recall, Bush's plan was to have zero oversite and zero accountability.

Yes, I agree with this too.

The first Paulson draft was to have had no way of anyone ever knowing anything about what happened to the $700 billion. It was an egregious affront to democracy.

I'm pretty sure it was written on the back of a cocktail napkin.

 

[Toro]

If you recall, Bush's plan was to have zero oversite and zero accountability.

Yes, I agree with this too.

The first Paulson draft was to have had no way of anyone ever knowing anything about what happened to the $700 billion. It was an egregious affront to democracy.

I'm pretty sure it was written on the back of a cocktail napkin.

It was a three-page document.