RE: AIG and BOA Tarp 1 details
ah, finally the homework is done ...
Oct 2008 - “The CBO found that through December 31, 2008, transactions under the TARP totaled $247 billion. According to the CBO’s report, the Treasury had purchased $178 billion in shares of preferred stock and warrants from 214 U.S. financial institutions through its Capital Purchase Program (CPP). This included the purchase of $40 billion of preferred stock in AIG, $25 billion of preferred stock in Citigroup, and $15 billion of preferred stock in Bank of America.”
Jan 2009 - CitiGroup 2nd tranche of $20 billion; BOA 2nd tranche of $20 billion (Zero’s watch)
http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
That was still under Bush
US gives Bank of America 20 billion dollars in capital injection[16 Jan]