December 23, 2009

IF FDR'D HAD AN MBA WE COULD HAVE AVOIDED THAT WHOLE DEPRESSION THING:

Wells Fargo Completes TARP Repayment (JOHN KELL, 12/23/09, WSJ)

Wells Fargo & Co. said it completed its repayment of $25 billion in aid received from the government at the height of the global financial crisis. [...]

As part of the redemption of the preferred stock, Wells Fargo also paid accrued dividends of $131.9 million, bringing the total dividend payments paid to the U.S. to $1.44 billion since the preferred stock was issued in October 2008.

Posted by Orrin Judd at December 23, 2009 2:28 PM
blog comments powered by Disqus
« TAX AND SPEND: | Main | WHAT ABOUT THE REST OF US? »