Troubled Assets Relief Program

The US government's multi-billion-dollar bank bailout helped avert a second Great Depression and cost taxpayers much less than expected, but was far from perfect, a congressional watchdog said Wednesday.The Congressional Oversight Panel said the controversial $700 billion dollar bailout, launched in 2008, ...

WASHINGTON (Reuters) - The watchdog panel for the $700 billion bank bailout faulted the U.S. government for the last time on Wednesday, saying the program helped underpin the perception that federal authorities will always prevent troubled financial firms from failing.In its final ...

WASHINGTON (Reuters) - The Treasury's last man in charge of the $700 billion financial sector bailout program has two words for congressional overseers: It worked.Testifying at the Congressional Oversight Panel's final hearing on Friday, Treasury's bailout chief Timothy Massad said the program ...

The treasurer of a once-leading US private home lender pleaded guilty Thursday in a $1.9 billion scheme to sell worthless loans that sparked the country's largest bank failure in 2009, the justice department said.The scheme, which continued straight through the 2008-2009 collapse ...

WASHINGTON (Reuters) - The Obama administration is proposing a much smaller $30 billion tax on the largest financial institutions, in line with shrinking U.S. corporate bailout costs.The "Financial Crisis Responsibility Fee" in the proposed fiscal 2012 budget would collect $30 billion over ...

WASHINGTON (Reuters) - The top government auditor for bailouts of U.S. financial firms and automakers on Monday resigned his position as the $700 billion Troubled Asset Relief Program winds down.Neil Barofsky said in a resignation letter to President Barack Obama that he ...

WASHINGTON (Reuters) - The Treasury may be unprepared to manage the rest of the government's $700 billion financial bailout program if it does not take steps to retain staff, a congressional report said on Wednesday.Although the Troubled Asset Relief Program is winding ...

6 banks pay back Treasury's TARP programSix banks have repurchased investments the government made under its taxpayer-funded financial rescue program, paying a total of $626 million including dividends, the Treasury Department said Wednesday.With the latest payments, repayments by financial institutions under the ...

WASHINGTON (Reuters) - Six bank holding companies repaid a total of $2.7 billion in federal bailout funds they received during the financial crisis, the Treasury Department said on Wednesday.Treasury said the banks repurchased preferred shares issued as part of the Capital Purchase ...

NEW YORK/CHARLOTTE, North Carolina (Reuters) - Two regional banks plan to repay their government bailout loans, a sign of health that could put pressure on other lenders to shed government aid.Huntington Bancshares said it was issuing stock and bonds to help repay ...

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Topic: Troubled Assets Relief Program

US bank bailout was 'critical': Congress watchdog

Watchdog says TARP helps perpetuate "Too big to fail"

Treasury touts success of TARP as oversight ends

Mortgage co. official admits $1.9bn fraud scheme

Obama floats $30 bln bank tax as TARP costs shrink

Bailout cop Barofsky resigns as TARP winds down

Treasury urged to complete plans to staff TARP

6 banks pay back TARP funds

Six banks return $2.7 billion to Treasury

Two U.S. banks reveal TARP repayment plans

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