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A Growing List of Bailout Recipients $319B So Far

It is difficult to find details of how our Government is spending the $700B bailout, but from what I have found here are the recipients so far: 

Recipient State  Amount 
Citigroup, Inc. NY  $         25,000,000,000
JP Morgan Chase NY  $         25,000,000,000
Well Fargo CA  $         25,000,000,000
Bank Of America NC  $         15,000,000,000
Goldman Sachs NY  $         10,000,000,000
Merrill Lynch Inc. NY  $         10,000,000,000
Morgan Stanley NY  $         10,000,000,000
PNC Financial Services PA  $           7,700,000,000
Capital One Financial Corp. VA  $           3,550,000,000
Regions Financial Corp. AL  $           3,500,000,000
SunTrust Bank Inc. GA  $           3,500,000,000
Fifth Third Bancorp OH  $           3,400,000,000
BB&T Corp NC  $           3,100,000,000
Bank of New York Mellon NY  $           3,000,000,000
Keycorp OH  $           2,500,000,000
Comerica Inc. TX  $           2,250,000,000
State Street Corp. MA  $           2,000,000,000
Northern Trust Corp. IL  $           1,500,000,000
Huntigton Bancshares Inc. OH  $           1,400,000,000
First Horizon National Corp. TN  $             866,000,000
City National Corp TN  $             395,000,000
Valley National Bancorp NJ  $             330,000,000
UCBH Holding Inc. CA  $             298,000,000
Washington Federal Savings WA  $             200,000,000
First Niagara Finacial Group NY  $             186,000,000
Saigon National Bank CA  $                 1,200,000
M&T Bank Corp NY  $             600,000,000
Susquehanna Bancshares Inc. PA  $             300,000,000
Boston Private Financial Holdings MA  $             150,000,000
CVB Financial Corp. CA  $             130,000,000
Wilshire Bancorp CA  $               62,000,000
Sandy Spring Bancorp MD  $               83,000,000
LNB Bancorp OH  $               25,200,000
Wainwright Bank & Trust CO.    $               22,000,000
Indiana Community Bancorp IN  $               21,500,000
HopFed Bancop Inc. KY  $               18,400,000
Popular Inc. Puerto Rico  $             950,000,000
Cathay General Bancorp CA  $             258,000,000
Superior Bancorp AL  $               69,000,000
Great Southern Bancorp MO  $               60,000,000
Capital Bank Corp. NC  $               42,900,000
Southern Community Financial Corp. NC  $               42,750,000
Iberiabank Corp. LA  $             115,000,000
Synovus GA  $             973,000,000
South Financial Group NC  $             347,000,000
East West Bancorp CA  $             316,000,000
Citizens Republic Bancorp MI  $             300,000,000
Nara Bancorp CA  $               67,000,000
Peoples Bancorp OH  $               39,000,000
First Financial services NC  $               16,300,000
Broadway Financial Group CA  $                 9,000,000
American Express    $           3,500,000,000
FirstMerit Corp. OH  $             248,000,000
Western Alliance Bancorporation NV  $             140,000,000
Signature Bank    $             120,000,000
Taylor Capital Group Inc. IL  $             105,000,000
Porter Bancorp Inc. KY  $               39,000,000
Encore Bancshares Inc. TX  $               34,000,000
First Pactrust Bancorp CA  $               19,300,000
Bank of Commerce Holding Inc. CA  $               17,000,000
AIG    $       150,000,000,000
Etrade    $             800,000,000
First Midwest Bancorp Inc. IL  $             193,000,000
     $       319,908,550,000

It sure would be nice for the Treasury Department to give us an official list.  I have a requested the information, but I doubt anything will come of it.

About The Author

Loony Jane

Just trying to figure out the facts so that we can make real progress to help solve our tough problems.

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