TARP Overpayment (Treasury)

The TARP Overpayment'

Prins: “This June, the Congressional Budget Office estimated that the federal government would lose $159 billion from its TARP loans and investments due to changes in their market value. (So far, Treasury has earned $14.4 billion in dividends from TARP.)”

These losses should be incorporated into the individual programs (including the CPP).

Funding agency and aid type
The funding agency is the U.S. Treasury.

Losses due to change in market value.

Who benefits
Banks.

Background
Prins: “This June, the Congressional Budget Office estimated that the federal government would lose $159 billion from its TARP loans and investments due to changes in their market value. (So far, Treasury has earned $14.4 billion in dividends from TARP.)”

These losses should be incorporated into the individual programs (including the CPP).

Related SourceWatch articles

 * SIGTARP Quarterly Report to Congress July 21, 2009
 * Troubled Asset Relief Program

External resources

 * FRBNY factsheet
 * Fed data