The number of TARP tardies bumps up slightly, as 123 banks who received a collective $3.3B in...

|By:, SA News Editor

The number of TARP tardies bumps up slightly, as 123 banks who received a collective $3.3B in bailout funds missed their Nov. 15 dividend payments to the government. That's up from 115 deferrals in August, 91 in May and 74 in February. Many smaller banks, however, are expected to convert TARP investments into a $30B small-business lending program announced in September.