The Treasury Department will offer more Ally Financial (GJM) stock it purchased as part of the financial crisis bailout. How much will be sold, when and at what price range has yet to be determined. The Treasury owns 74% of outstanding common Ally stock as of Dec. 31, and an additional $5.9 billion in mandatory convertible preferred stock. Citigroup (C), Goldman Sachs (GS), JPMorgan Chase (JPM) and Morgan Stanley (MS) are the book-runners. The Treasury said on Wednesday that its Capital Purchase Program, the initiative under the Troubled Asset Relief Program, reached a profit when three more banks repaid. TARP, considered the largest financial bailout in U.S. was originally slated to disburse $700 billion. But the Congressional Budget Office this week came out with new estimates reporting that only $432 billion will end up being disbursed and end up costing taxpayers $19 billion. Most of the loss will come from housing programs such as the Home Affordable Modification Program and the Hardest Hit Fund. The CBO also said losses are expected from American International Group (AIG), even though the Federal Reserve declined AIG’s bid yesterday to buy-back its troubled assets, citing its ability to make more profit on those holdings offered individually on the open market. Write to Jon Prior. Follow him on Twitter @JonAPrior.