05/08/09 – Our interactive map explores the county-by-county geographic footprint of TARP recipients in terms of both assets and branches, and lets users compare that data to banks' lending activity.
05/01/09 – The Legacy Loans Program attracted over 400 comments. Use our tool to explore more than 750,000 words' worth of opinions on the FDIC's new program.
04/08/09 – Keep tabs on the Fed's balance sheet, and see how it's ballooned during the bailout.
June 30, 2009 – The estimated subsidy rate for transactions made under the Troubled Asset Relief Program has risen by 4 percent, according to a recent report by the Congressional Budget Office. In January, the CBO estimated the subsidy rate – the percentage of the initial TARP disbursement that reflects the true cost to the federal government of purchasing shares of stock from financial institutions – to be 32 percent, based on $293 billion in transactions. In a June 17 report, the CBO subsidy rate estimate rose to 36 percent, based on $439 billion in transactions. The new estimate includes assistance to the auto industry and $70 billion in repayments by TARP recipients. Read More
June 18, 2009 – The latest FDIC report on its Temporary Liquidity Guarantee Program, released yesterday, shows that only 101 financial institutions have actually issued debt. When the program launched last year, over 8,000 opted in. The report also shows that the total amount of debt issued is about $346 billion, while the potential total cap for the program is $785 billion. Read More »
June 12, 2009 – Originally launched in January with data on the financial bailout, Subsidyscope will soon add information on subsidies in the transportation sector. The energy, health care and philanthropic sectors will follow. As the Subsidyscope site is built out, it will include more data, more analytic tools and more functionality. Today's update of the Subsidyscope site enables users to access data more quickly and search for specific terms across all content.
June 3, 2009 – The latest Treasury Department data show that nearly $1.8 billion given to financial institutions under the Troubled Asset Relief Program has been repaid to the government. Read More »
May 28, 2009 – Twenty-one bank failures during the first quarter of 2009 caused the Deposit Insurance Fund balance to drop from $17.3 billion to $13 billion, according to new data from the Federal Deposit Insurance Corporation. Read More »
May 26, 2009 – Subsidyscope has found that there have been steep declines in the market value of some Federal Home Loan Bank investments, raising concerns that the banks may take substantial losses. Read More »
May 7, 2009 – Subsidyscope posts an interactive map that provides a fresh perspective on the size and scope of the bailout. Read More »
May 1, 2009 – More than 400 people recently shared their thoughts with the Federal Deposit Insurance Corporation on the newly announced Legacy Loans Program, part of the Public-Private Investment Program, aimed at ridding banks of troubled assets. Read More »
Subsidyscope, launched by The Pew Charitable Trusts, aims to raise public awareness about the role of federal subsidies in the economy. Read More »
Coming soon
Summer 2009
Coming soon
Subsidyscope releases all of its data in open formats. Learn more.
Have a suggestion, question or concern? Let us know.
Enter a bank or holding company name to learn how much TARP funding an institution has received or whether it is participating in an FDIC debt guarantee program (TLGP).
Warrants in/out of money based on July 2, 2009 stock prices. Learn more about TARP warrants and track other institutions.
| Current Stock Price |
Strike Price |
In/Out of Money ($)* |
In/Out of Money (%)* |
|---|
| $18.25 | $2.50 | $15.75 | 630% |
| $12.64 | $30.79 | $-18.15 | -59% |
| $2.88 | $17.85 | $-14.97 | -84% |
| $32.27 | $42.42 | $-10.15 | -24% |
| $23.08 | $34.01 | $-10.93 | -32% |
*In/Out of Money ($) is the stock price minus the strike price; In/Out of Money (%) is the difference in the stock price and strike price divided by the strike price. It is the percentage by which the stock price is above or below the strike price.
Subsidyscope is guided by a broad and bipartisan advisory board of top experts in federal spending, taxes, and finance. The Sunlight Foundation, Pew's research and technology partner, is developing the database and Web site to facilitate the distribution of data across the Web.
