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TBF
02-03-2009, 04:07 PM
Today on DU:
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=8161718&mesg_id=8161718

Two Americas
02-03-2009, 07:48 PM
Yep.

TBF
02-03-2009, 08:44 PM
We may have this in another thread, but thought I'd put it here as well amongst other banking posts.

Who Got Bailout Money So Far? (http://www.globalresearch.ca/index.php?context=va&aid=10957)

Global Research, November 14, 2008

The Treasury Department's $700 billion bailout plan, also known as the Troubled Asset Relief Program (TARP), is one of the main U.S. tools to address the financial crisis.

The Treasury Department on October 14 set aside $250 billion of the program to buy senior preferred shares and warrants in banks, thrifts and other financial institutions. Half that money was allocated to nine big banks, the Treasury Department has said. Another $38 billion has since been earmarked for regional or small banks, according to statements from individual banks.

On Monday, the department announced its single-biggest TARP investment -- $40 billion in American International Group -- which the government said would not come from the $250 billion bank capital program.

The TARP has so far committed the following funding:

AIG $40 billion

JP Morgan $25 billion

Citigroup $25 billion

Wells Fargo $25 billion

Bank of America $15 billion

Merrill Lynch $10 billion

Goldman Sachs $10 billion

Morgan Stanley $10 billion

PNC Financial Services $7.7 billion

Bank of New York Mellon $3 billion

State Street Corp $2 billion

Capital One Financial $3.55 billion

Fifth Third Bancorp $3.45 billion

Regions Financial $3.5 billion

SunTrust Banks $3.5 billion

BB&T Corp $3.1 billion

KeyCorp $2.5 billion

Comerica $2.25 billion

Marshall & Ilsley Corp $1.7 billion

Northern Trust Corp $1.5 billion

Huntington Bancshares $1.4 billion

Zions Bancorp $1.4 billion

First Horizon National $866 million

City National Corp $395 million

Valley National Bancorp $330 million

UCBH Holdings Inc $298 million

Umpqua Holdings Corp $214 million

Washington Federal $200 million

First Niagara Financial $186 million

HF Financial Corp $25 million

Bank of Commerce $17 million

TOTAL: $203.08 billion