Treasury Says More Than 99% of TARP Bank Funds Have Been Repaid to U.S.
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Mar 16, 2011
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