the U.S. Treasury Department said on Wednesday, the day being funded by six major banks to recover from the financial crisis assistance payment of $ 2.66 billion. So far, the U.S. government to recover the $ 234 billion in bailout funds World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , about 60% of the total bailout funds.
2008 end of the year, in order to help those trapped during the financial crisis, companies, the U.S. government has launched a $ 700 billion Troubled Asset Relief Program (the TARP), the actual cost of $ 389 billion . Assistance by TARP companies, including Citigroup, American International Group (AIG), GM and other large companies. UWorld Steel Pipe .S. Treasury Department said Wednesday that the six recipients of banks are regional banks, they will not only relief funds in full restitution, and also paid dividends of $ 13.7 million. The U.S. Treasury Department said, suggesting that these banks have come out from the predicament, powerful enough to start operating independently.
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October this year, the U.S. Treasury Department has published the report, TARP policy has been strongly criticized by many people think that government should not waste taxpayers' money to help financially troubled companies But the fact that this initiative only spent $ 25 billion taxpayer funds, the cost is much lower than expected.