TARP, Part II: How much of the TARP money provided to banks been recovered?

Last week we looked at how much of the total TARP funds had been recovered. Banks received $245.5 billion (60 percent) of the total $411 billion disbursed through the U.S. Treasury’s Troubled Asset Relief Program (TARP).

Question: How much of the $245.5 billion provided to banks through TARP has been recovered by the Treasury as of March 24, 2011?

A. None of it
B. Almost half

C. 75 percent
D. 99 percent


D. 99 percent

According to the Treasury, $243.8 billion in cash (99% of the $245.5 billion dispersed) has been repaid by the banks participating in TARP. That includes $211.4 billion in repayments and $32.4 billion in interest, dividends, and capital gains.

Our information for our TARP series comes directly from the U.S. Treasury’s blog , Treasury Notes, which connects citizens with what’s going on at one of the oldest departments in the U.S. federal government.

Additionally, the Congressional Oversight Panel (COP) recently released a comprehensive review of TARP. The COP final report provides useful information and insights about the successes and shortcomings of TARP. The report is available online here: http://cop.senate.gov/reports/library/report-031611-cop.cfm

For step-by-step instructions, click here:Banks and TARP, April 8th

For questions, contact Bill Pinkovitz