Bailout Tracker

CIT Group

New York, N.Y. | See all recipients in New York

$2.33B

Disbursed

Returned

$43.7M

Revenue to Gov't

$2.29B

Net Outstanding

This investment resulted in a loss to taxpayers.

Date	Type	Amount	Program	Description
05/31/2009	Dividend	$43,687,500	CPP	Dividends Paid Through 5/31/2009 This amount reflects the sum of dividends paid up to 5/31/2009
12/31/2008	Purchase	$2,330,000,000	CPP	Purchase - Preferred Stock w/ Warrants More info...

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About the data

Our lists of recipients and programs deal only with expenditures by the Treasury Department – in other words, taxpayer money.

We've included all such money allocated by Congress, both the broader $700 billion TARP bill (later reduced to $475 billion) and the separate bailout of Fannie Mae and Freddie Mac.