ProPublica

Journalism in the Public Interest

First Trust Corporation

New Orleans, La. | See all recipients in Louisiana

This investment resulted in a loss to taxpayers. See below for details.

$18M Disbursed
$13.6M Returned
$1.69M Revenue to Gov't
$2.66M Net Outstanding
$18M Committed
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Events

Date Type Amount Program Description
02/20/2013 Refund $13,612,558 CPP Partial Repayment
02/20/2013 Warrant $644,726 CPP Warrant Proceeds
02/12/2010 Interest $376,884 CPP Interest Payment
11/16/2009 Interest $376,884 CPP Interest Payment
08/17/2009 Interest $293,128 CPP Interest Payment
06/05/2009 Purchase $17,969,000 CPP Purchase - Subordinated Debentures w/ Exercised Warrants

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