Politics & Policy

Where Did the TARP Money Go?


— 10/2008: TARP law passes, $700 billion allocated

— 7/2010: The regulatory reform law shrinks TARP to $475 billion and imposes a ban on starting new bailout programs.

— 9/2010: The Administration's latest ballpark estimate of losses ($50 billion) is an improvement on the Congressional Budget Office's August estimate of $66 billion.

Major TARP Programs

Bank Bailouts: $250 billion committed. Expected repayments: almost everything. Expected profits: $16 billion so far.

Auto Bailouts: $82 billion committed. Expected repayments: $55 billion. Expected losses: $27 billion.

AIG Bailout: $70 billion committed. Expected repayments: $25 billion. Expected losses: $45 billion.

Housing: $30 billion committed. Expected repayments: None. Expected Losses: $30 billion.

Public-Private Investment Program (purchases of toxic assets from banks, TARP's original purpose): $22 billion committed. Expected repayments: $21.5 billion. Expected losses: $500 million.

Data: Bloomberg


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