http://dmarron.com/2009/06/18/the-tarp-peace-sign/ Musings on Economics, Finance, and Life Mon, 13 Feb 2012 20:27:13 +0000 hourly 1 http://wordpress.com/ http://dmarron.com/2009/06/18/the-tarp-peace-sign/#comment-237 Fri, 26 Jun 2009 20:17:15 +0000 http://dmarron.com/?p=573#comment-237 [...] major banks repaid almost $70 billion to TARP in recent weeks. But they aren’t free from TARP just yet: Treasury still owns warrants to purchase their common [...]

]]> http://dmarron.com/2009/06/18/the-tarp-peace-sign/#comment-233 Fri, 26 Jun 2009 19:45:45 +0000 http://dmarron.com/?p=573#comment-233 [...] 26, 2009 by Donald Marron Ten major banks repaid almost $70 billion to TARP in recent weeks. But they aren’t free from TARP just yet: Treasury still owns warrants to purchase their [...]

]]> http://dmarron.com/2009/06/18/the-tarp-peace-sign/#comment-229 Fri, 26 Jun 2009 18:08:15 +0000 http://dmarron.com/?p=573#comment-229 [...] CBO estimates that the banks who have repaid the TARP also received small subsidies. Taxpayers got their money back, but CBO believes that they weren’t fully compensated: dividend yields were below market rates, and taxpayers bore significant risk. (Caveat: CBO’s estimate does not include the value of the warrants that ten big banks will repurchase.) For additional information on the repayments, see this post. [...]

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