Wednesday, October 6, 2010

So what happened to that TARP money?

My colleague, Steve Allen, blogs that the $700bn paid out for TARP has mostly been paid back.  It looks like we won't see much of the $300 bn paid to Fannie and Freddie though.  

We're also waiting to see how much the GM IPO will raise.  Recent reports indicate that it might not go as well as had been hoped...