WSFS, Wilmington Trust, and Bancorp receive TARP funds

[h/t Liz Allen]

Go here for a raw list of every bank that has thus far received TARP funds. It's not alphabetized, and it doesn't give you any idea how much each bank received. UPDATE--later I found the list below with amounts.

It makes fascinating reading.

You'd think there would be somebody in the State aware of this, or maybe even--I don't know--a newspaper that would publish the fact that Wilmington Trust, WSFS, and Bancorp were taking the money.

The 31 January WNJ story documented the horrible condition of Wilmington Trust's accounts, but said nothing about the application for TARP funds, even though the bank applied for them on 12 December.

WSFS received $53 million, prior to 23 January. Did I miss the story?

From other sources I discover that The Bancorp received $45 million and Wilmington Trust got $330 million.

So that's $428 million to Delaware banks out of the $700 billion.

So far....

technorati tags:
political news | news | world news
More at: News 2 Cromley