By July the whole thing had unraveled before any TARP funds could be disbursed.
They offer Americans a simple alternative to taking public TARP funds: private capital!
The unintended consequence of it not needing TARP funds was a major positive publicity and branding event.
Two months ago, Congress granted the Treasury secretary unprecedented authority in using the TARP funds to help the system.
Some fear the mega-banks will use TARP funds to acquire better-run, local institutions.
Yet banks today remain subject to CCAR even after having repaid TARP funds.
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Paulson said the remaining TARP funds would be reserved for a rainy day.
Repaying TARP funds is a sticky proposition for the banks that hold them.
And I'm asking my Treasury Secretary to continue mobilizing the remaining TARP funds to facilitate lending to small businesses.
Also on Wednesday, the House Financial Services Committee will hold a hearing on a similar bill to use TARP funds for automakers.
Farkas tried to get TARP funds in an effort the government said was fraudulent, but no TARP funds were disbursed.
The Bush administration came under criticism for a lack of transparency and accountability in spending the first half of the TARP funds.
The only examples dubbed as TARP fraud by the feds so far have not involved the disbursement of any actual TARP funds.
Masrani also discusses regulatory reform making its way through Congress and how TD was able to stave off receiving any TARP funds.
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For investors who want the TARP funds to be resolved like a TV sitcom or a neatly wrapped-up movie--think again, Singer adds.
Such status would enable the company to access the Treasury's TARP funds.
Figure banks that needed TARP funds were necessarily insolvent and gun shy.
The Treasury earmarked some TARP funds to refinance homeowners facing foreclosure.
As bankers repay federal TARP funds and cut the amounts they must set aside for loan losses, some are regaining their appetites for new loans and deposits.
On Dec. 24, the Federal Reserve said it would allow GMAC to become a bank holding company, an action that permits it to receive TARP funds.
And furthermore, it allows DOJ to prosecute anyone who fraudulently obtains Recovery Act or TARP funds -- precious taxpayer dollars we've carefully invested in order to turn this crisis around.
The President just now actually, when he was asked about the use of TARP funds, he seemed to indicate that he believes there are parameters around what can be used.
Instead, Barofsky and those overseeing TARP themselves should have known that any bank trying to look good with TARP funds in mind was almost by definition lying about its solvency.
Government investigators are searching for incidents in which TARP funds were not used by financial institutions for the purpose they were intended or were issued to companies that were not eligible.
Just wanted to ask you, since President Obama had said that he would consider bankruptcy as an option, why do you even use more TARP funds considering that it's legally questionable?
All the while as this is going on, these banks are raising credit card rates and taking part in predatory lending more than before, Kramer says, with the help of TARP funds.
This all really started by my writing a simple essay out of frustration with the bailout debate and news of giant bonuses, lavish vacations and office redecorations at companies that took TARP funds.
He said that, you know, the initial reason to use the TARP funds was to unfreeze credit markets and that's one of the things that he'd be looking to use that money for when it comes to trying to move credit for small businesses.
Because my understanding is you can use some of the TARP funds that were paid back and use that -- or those funds that have not been used -- can you use that and get this going by executive order, or do you need us to put that program into a jobs bill?
WHITEHOUSE: President Obama Takes Questions from Senate Democrats
Like other successful community bankers across the country, Bass believes that the mega-banks have been hopelessly tarred by TARP taxpayer funds.
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