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U.S. Treasury Says Over 99% of TARP Bank Funds Have Been Repaid

March 16 (Bloomberg) -- The U.S. Treasury Department said more than 99 percent of bank disbursements from the Troubled Asset Relief Program have been recovered.

About $244 billion of the $245 billion in total funds paid to banks has been repaid, the Treasury Department said in an e-mailed statement.

To contact the editor responsible for this story: Jeran Wittenstein at jwittenstei1@bloomberg.net

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