FACTBOX: Where has the U.S. bailout money gone?

Tue Nov 25, 2008 6:44pm EST
 
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(Reuters) - The U.S. Treasury Department said on Tuesday it had completed another round of bank capital injections under its $700 billion financial bailout program.

The department said on October 14 it was setting aside $250 billion from the so-called Troubled Asset Relief Program to buy senior preferred shares and warrants in banks and thrifts.

The Treasury has now completed the following injections of capital under its $250 billion program:

JPMorgan $25 billion

Citigroup $25 billion

Wells Fargo $25 billion

Bank of America $15 billion

Merrill Lynch $10 billion (NOTE)

Goldman Sachs $10 billion

Morgan Stanley $10 billion

Bank of New York Mellon $3 billion

State Street Corp $2 billion

Bank of Commerce $17 million

First Financial Svcs $16 million

UCBH Holdings Inc $299 million

Northern Trust Corp $1.6 billion  Continued...

 

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