How Treasury spent its bailout funds (Wash Post)

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[Editor's note: Todd's flow map of TARP spending. It's a charting beautify. I'm catching up on a couple week's of posts while Natural Earth was in its final stretch.]

Republished from The Washington Post. Saturday 28 Nov., 2009.

The Troubled Assets Relief Program, or TARP, was designed to stabilize the financial system as well as aid homeowners and small businesses in the wake of the credit crisis. The Treasury Department has until the end of the year to renew the controversial program. Of the $700 billion that was authorized, $560.7 billion was planned for various programs. About $71 billion has been returned from financial firms and about another $10 billion has been paid in interest and dividends.

SOURCES: Treasury Department, reporting by The Washington Post

DAVID CHO, TODD LINDEMAN AND APRIL UMMINGER/THE WASHINGTON POST

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