Guerrera: Treasury makes $10bn from Tarp

"...The US government has made more than $10bn so far on banks' repayments of bail-out funds, according to new analysis that suggests taxpayers might turn a profit on the unprecedented aid given to the financial sector during the crisis... on its $250bn crisis investment

The annualised return of 8.5 per cent reaped by the authorities on banks' preferred stock and warrants is smaller than profits made by other investors in the sector, including Warren Buffett's investment in Goldman.


...The Treasury still expects to lose $117bn on the entire Tarp, which includes investments in the car industry and insurer AIG. But the SNL report suggests the financial sector's part of the plan, originally expected to cost $76bn, might prove profitable.