On December 9, 2008, the Treasury announced the completion of the fourth round of TARP Capital infusions. The Treasury purchased a total of approximately $3.8 billion in preferred stock from 35 financial institutions on Friday, December 5, and has now invested a total of $165.3 billion of the $250 billion TARP Capital program.
Interestingly, this round saw the first investment in a financial institution not based within the continental United States – Popular, Inc. from San Juan, Puerto Rico. In fact, Popular’s receipt of $935 million was the largest investment in the fourth round. The smallest investment was $1.7 million, which went to Manhattan Bancorp out of El Segundo, California.
We have updated our TARP Map to display the locations of the institutions that received infusions in the fourth round.
Related Posts
- Round 10 of TARP Capital Infusions – TARP Map Updated - January 23, 2009
- Round 18 of TARP Capital Infusions – TARP Map and List of Recipients Updated - March 21, 2009
- Round 12 of TARP Capital Infusions – TARP Map Updated - February 4, 2009
- Round 17 of TARP Capital Infusions – TARP Map and List of Recipients Updated - March 15, 2009
- Round 5 of TARP Capital Infusions - December 16, 2008
