TARP Warrants: A Boon for Taxpayers?

On Friday it was announced that State Street Corp. became the first of 10 large banks to repurchase warrants held by the US Treasury. The warrants were put in place to assure that taxpayers are rewarded for their collective TARP loan to banks as the finance sector recovers.

The transaction occurred on Wednesday and . . . → Read More: TARP Warrants: A Boon for Taxpayers?