Banks With $1.2 Billion In Unpaid TARP Loans Buy 18 Failed Banks From FDIC

During 2010, 12 different banks with $1.2 billion in outstanding TARP loans to the US Treasury purchased 18 different failed banks from the FDIC. According to a recent report from the Congressional Oversight Committee, TARP funds totaling $205 billion were distributed to a total of 707 banks.   The largest recipients of TARP money have repaid […]