J.P. Morgan says $25 bln of TARP paid in full

Discussion in 'Wall St. News' started by ASusilovic, Jun 17, 2009.

  1. More "green shoots"...:)
     
  2. J.P. Morgan said Wednesday that it has repaid the $25 billion it received under the U.S. Treasury's Troubled Asset Relief Program. In addition to the principal, the bank said it paid $795.1 million in dividends on preferred stock held by the Treasury. J.P. Morgan said it also notified the Treasury of its intention to repurchase 10-year warrants.
     
  3. Jaime Dimon's favorite drink! :cool: