Bailout Events for March 2010

See entire timeline of bailout events.

Date Entity Type Amount Program Description
03/03/2010 Bank of America Warrant $183,547,824 CPP
Warrant Proceeds
03/03/2010 Bank of America Warrant $122,365,216 CPP
Warrant Proceeds
03/03/2010 Bank of America Warrant $1,255,639,099 TIP
Warrant Proceeds
03/03/2010 City National Refund $200,000,000 CPP
Partial Repayment
03/03/2010 Webster Financial Refund $100,000,000 CPP
Partial Repayment
03/04/2010 GM Supplier Receivables, LLC Refund $50,000,000 ASSP
Partial Repayment
03/05/2010 iServe Servicing, Inc. Subsidy $13,274,348 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
03/09/2010 Washington Federal Inc. Warrant $15,388,874 CPP
Warrant Proceeds
03/09/2010 Chrysler Receivables SPV LLC Refund $123,076,735 ASSP
Repayment
03/11/2010 Texas Capital Bancshares Warrant $6,559,066 CPP
Warrant Proceeds
03/10/2010 Navy Federal Credit Union Subsidy $16,971,073 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $12.9M has actually been disbursed:
  • Borrower: $5,115,048.98
  • Investor: $5,358,642.94
  • Servicer: $2,394,230.21
03/10/2010 Vist Financial Corp Subsidy $725,257 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
03/17/2010 Comerica Incorporated Refund $2,250,000,000 CPP
Repayment
03/31/2010 Hartford Financial Services Refund $3,400,000,000 CPP
Repayment
03/31/2010 Umpqua Warrant $4,500,000 CPP
Warrant Proceeds
03/31/2010 General Motors Refund $1,000,000,000 AIFP
Partial Repayment
03/10/2010 The Bancorp Refund $45,220,000 CPP
Repayment
03/10/2010 Signature Bank Warrant $11,150,940 CPP
Warrant Proceeds
03/31/2010 Freddie Mac Dividend $1,292,000,000 PSI
Dividend Payment
03/31/2010 Fannie Mae Dividend $1,527,000,000 PSI
Dividend Payment
03/04/2010 Cadence Financial Corp Refund $38,000,000 CPP
Partial Repayment
Treasury entered into an agreement as of 10/29/2010 with Community Bancorp LLC for the sale of all Preferred Stock and Warrants issued by Cadence Financial Corporation to Treasury for an aggregate purchase price of (i) $38 million plus (ii) accrued and unpaid dividends through the date of the agreement. Completion of the sale is subject to the fulfillment of certain closing conditions.
03/30/2010 Chrysler Interest $125,447,874 AIFP
Interest
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