Tuesday, February 17, 2009

Taxpayers taking an $86 billion bath on TARP

Link HT: Real Time Investigations

For the week ended February 13, 2009, the aggregate Ethisphere TARP Index is down a total of $86.5 billion, out of the original investment principal of $195.5 billion for a total balance of $109 billion. However, the Adjusted Ethisphere TARP Index, which excludes the calamity investments, has an aggregate loss $27.6 billion as of the week ended February 13, 2009, bringing the original investment principal down to $68 billion.