Many Missouri Banks Unable to Repay Bank Bailout Fund As Planned

At the height of the financial crisis, U.S. taxpayers pumped more than $1 billion into 49 Missouri and Kansas banks. It was temporary money under the U.S. Treasury’s Troubled Asset Relief Program, or TARP. Nationally, the bank support program has turned a profit for taxpayers. TARP, however, has yet to break even across Missouri and Kansas.
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