As of the latest report to Congress, the bank investments that the U.S. Department of Treasury made under the Troubled Asset Relief Program (TARP) resulted in a gain of $28.5 billion, but it was no thanks to Kansas City area banks.
The nine banks in the Kansas City area that borrowed funds from TARP actually cost the program $56.8 million so far. All but one bank are out of the federal program, either paying back the money or having the debt sold at auction to private parties.
Prairie Star Banchares…
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