According to CNN and several other News sorces, Wells Fargo received $25 billion dollars in bailout money.
reference:
http://money.cnn.com/2009/01/28/news/companies/wells_fargo/index.htm
Wachovia, which is now a part of Wells Fargo, did not receive any TARP (Troubled Asset Relief Program) funds.
They didn't take any money to have to repay.
HSBC did not receive bailout funds. However, AIG is strongly connected to HSBC, and AIG accepted the TARP money. This contributed a significant amount to HSBC.
Yes, Regions Bank was among those who received TARP money. Regions has however, begun to repay those funds and seems to be holding strong. Yes, Regions bank received 3.5 billion dollars in TARP money. As of late 2009, Regions bank had paid back the entire 3.5 billion.
Troubled Asset Relief Program
yes What was the total amount of money that Discover Bank received from the Economic Stimulus (bailout) plan?
Apparently Not. Cannot Find them here: http://banktracker.investigativereportingworkshop.org/tarp/
GMAC/Ally Bank received $16.28 Billion. It has not paid any of back yet. If you want to go to a bank that did not take TARP money I suggest FNBO Direct. If you want to go to a bank with high rates on savings accounts I suggest American Express bank, which received TARP money, but paid it all back.
No they did not.
Type your answer here... chase
Most banks repaid TARP funds using capital raised from the issuance of equity. J.P. Morgan, Chase, and 10 more of the nation's largest banks have officially paid back their TARP money.
A smoke tarp, about 20 - 30 lbs. A steel tarp, 50 - 80 lbs. Lumber tarps, 120 - 150 lbs.
The money will be absorbed by the Federal Reserve into its cash reserves.