As an investment, TARP is down $148 Billion

While the actual inspector general of TARP is having a rough time getting information from the U.S. Treasury, a private think tank, Ethisphere Institute, is tracking on the TARP.

According to the Ethisphere TARP Index, when markets closed on Friday, June 19, 2009, the government’s Troubled Asset Relief Program (TARP) investment was down approximately $148.2 billion

Ethisphere is treating the TARP as an investment and tracking on the losses. Not a bad idea since the American public was sold the idea they would get the money back.

In where bail out money goes to die lists the eight more likely TARP recipients who will write off TARP funds which implies a complete loss to taxpayers.

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