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TARP Capital Purchases Remain Low HW+

Apr 24, 2009By

Capital injections through the Capital Purchase Program (CPP) of the Troubled Asset Relief Program (TARP) picked up slightly last week. The Treasury Department funded $40.95m in stock purchases from six financial institutions in the week ending April 17 after its $22.8m in injections funded the previous week ending April 10. Weekly transactions in recent months illustrate a steady cooling off of CPP activity, with the Treasury funding $54.83m the week ending April 3, down from $192.96m in late March.

3d rendering of a row of luxury townhouses along a street

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