The Treasury reportedly intends to wind down TARP next year by selling its shares in about...
The Treasury reportedly intends to wind down TARP next year by selling its shares in about two-thirds of the 218 banks still left in the program. The other institutions are expected to repay the money they received or restructure investments. The largest bank left in TARP is Synovus Financial (SNV), which owes $967.9M. Under TARP's bank schemes, the Treasury invested over $245B and has recovered $268B.
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