TARP's Capital Purchase Program turns a profit, a report shows

07/7/2010 | CNBC

The Capital Purchase Program, which is part of the Troubled Asset Relief Program, has turned a profit, according to a report by Keefe, Bruyette & Woods. "It's pretty clear that unless the economy just craters, the bank portion of TARP will be profitable," said Fred Cannon, an analyst at the investment bank.

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