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More Banks Missing TARP Dividend Payments

Tuesday, September 14, 2010 - 6:14 AM
From the Washington Post:
The latest report from the agency shows that more than 120 institutions - nearly all of them small banks - have missed their scheduled quarterly dividend payments, which is more than a sixth of the banks that received federal aid during the financial crisis.

Even though it's mostly the small banks that are not paying back the government, the amount of money at risk is small compared to the government's money invested in AIG and GM.

You can see the standings of all banks that have received TARP funds at this Treasury page.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634