Bailout Events for December 2013

See entire timeline of bailout events.

Date Entity Type Amount Program Description
12/06/2013 Blackrock PPIF, L.P. Proceeds $1,609,739 PPIP
Distribution
12/05/2013 TALF LLC Proceeds $1,102,424 TALF
Proceeds
12/06/2013 Blackrock PPIF, L.P. Proceeds $141,894 PPIP
Distribution
12/09/2013 Cathay General Bancorp Warrant $13,107,778 CPP
Warrant Proceeds
12/09/2013 General Motors Refund $1,208,249,982 AIFP
Partial Repayment
On 12/9/2013, Treasury sold shares of GM common stock, further reducing Treasury's equity stake in GM to 0 percent. On November 21, 2013, Treasury gave J.P. Morgan Securities, LLC discretionary authority, as its sales agent, to sell, subject to certain parameters, the remaining shares of common stock, from time to time during the period ending on February 15, 2014 (or upon completion of the sale). Completion of the sale under this authority occurred on December 9, 2013.
12/12/2013 Oaktree PPIP Fund, L.P. Proceeds $539,009 PPIP
Distribution
12/12/2013 Oaktree PPIP Fund, L.P. Proceeds $13,475 PPIP
Distribution
12/11/2013 RLJ Western Asset Public/Private Master Fund, L.P. Proceeds $75,372 PPIP
Distribution
12/11/2013 RLJ Western Asset Public/Private Master Fund, L.P. Proceeds $1,884 PPIP
Distribution
12/18/2013 StellarOne Corp Warrant $2,920,000 CPP
Warrant Proceeds
12/31/2013 Freddie Mac Dividend $30,436,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $33.4 billion at Sept 30, 2013 minus the capital reserve of $3 billion.
12/31/2013 Fannie Mae Dividend $8,617,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $11.6 billion as of September 30, 2013 minus the capital reserve amount of $3 billion.
12/27/2013 General Motors Refund $410,705 AIFP
Partial Repayment
12/27/2013 Marathon Legacy Securities Public-Private Investment Partnership, L.P. Proceeds $5,707,723 PPIP
Distribution
12/27/2013 Marathon Legacy Securities Public-Private Investment Partnership, L.P. Proceeds $142,168 PPIP
Distribution
12/31/2013 1st Financial Services Corp Refund $8,000,000 CPP
Partial Repayment
12/31/2013 Farmers Bank Refund $5,689,000 CPP
Repayment
12/31/2013 Farmers Bank Warrant $438,000 CPP
Warrant Proceeds
12/26/2013 Desjardins Bank Subsidy $30,000 (cumulative) MHA
Incentive Payments for Home Loan Modification
So far, $27.6K has actually been disbursed:
  • Borrower: $13,000.00
  • Investor: $13,643.72
  • Servicer: $1,000.00
12/16/2013 Axiom Bank Subsidy $42,719 (cumulative) MHA
So far, $24.2K has actually been disbursed:
  • Borrower: $10,000.00
  • Investor: $13,174.90
  • Servicer: $1,000.00
12/31/2013 Community Bankers Trust Corp Dividend $68,233 CPP
Dividend - Cumulative
12/31/2013 Farmers Bank Dividend $41,383 CPP
Dividend - Non Cumulative
12/30/2013 Tri-State Bank of Memphis Dividend $13,975 CDCI
Dividend - Non Cumulative
12/06/2013 Blackrock PPIF, L.P. Dividend $7,554 PPIP
Distribution
12/16/2013 Nationwide Advantage Mortgage Company Subsidy $20,000 (cumulative) MHA
Incentive Payments for Home Loan Modification
So far, $7.9K has actually been disbursed:
  • Borrower: $7,916.67
  • Investor: $0.00
  • Servicer: $0.00
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