Wall Street Aristocracy Got $1.2 Trillion From Fed

Checkout this treasury report: http://www.treasury.gov/initiatives...t/February 2011 Dividends Interest Report.pdf

The number of banks missing scheduled quarterly dividend payments to the government hit 142 last month, according to the latest Treasury report on the subject. That's up from 123 in November, 115 in August and 91 in May.

Troubled indeed

The delinquent banks have $3.7 billion of government loans outstanding.

The ranks of the deadbeats swell even further if you consider banks that had government loans and failed, among other things. Adding in those banks, the number of deadbeats hit 164 in the latest accounting.



Quote from luisHK:

Thanks Pocketchange, that's also the idea I had. Googling the issue, I came up with the following links, mentioning high TARP rates, like 7% to GM:

http://www.foxnews.com/opinion/2010/04/23/did-general-motors-really-repay-taxpayer-bailout/

http://www.torquenews.com/106/chrysler-repays-tarp-loans-six-years-early

I will google further information later on.
 
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