by Calculated Risk on 3/28/2009 10:32:00 PM
Saturday, March 28, 2009
TARP Accounting
From the WSJ: US Treasury: $134.5 Billion Left in TARP
The U.S. Treasury Department estimates that it has about $134.5 billion left in its financial-rescue fund, which would mean that about 81% of the $700 billion program has been committed.If you need a bailout, you'd better get in line soon!
In its estimate, the Treasury projects that it will receive about $25 billion from banks that have participated in the department's Troubled Asset Relief Program, or TARP.