TARP Will Cost How Much?

In the beginning, TARP was announced and it would cost $700 billion.

Then banks began repaying, and the cost was lowered to $341 billion in August 2009.

Then some warrants and preferred stock, and the cost was reannounced at $117 billion.

April 23rd, TARP losses were re-estimated to be as low as $85 billion.

At this pace, the U.S. Government will soon be announcing profits from TARP.