PlainsCapital Gets $87.6 Million Christmas Gift From Hank Paulson

Like it wasn't already hard enough -- which is to say, eff-you impossible -- figuring out how the banks are spending their bailout billions. Today comes word that the Treasury Department's dropped $4.7 billion more in 92 local banks, proving that the TARP can always stretch just a little bit...
Carbonatix Pre-Player Loader

Audio By Carbonatix

Keep Dallas Observer Free

We’re aiming to raise $10,000 by April 26. Your support ensures Dallas Observer can continue watching out for you and our community. No paywall. Always accessible. Daily online and weekly in print.

$10,000

Like it wasn’t already hard enough — which is to say, eff-you impossible — figuring out how the banks are spending their bailout billions. Today comes word that the Treasury Department’s dropped $4.7 billion more in 92 local banks, proving that the TARP can always stretch just a little bit bigger. And to make it even harder to track the dough — which is not possible — the feds gave away piles of dough to banks that aren’t publicly traded, with the largest heap ($87.6 million) going to Dallas-based PlainsCapital Corporation … perhaps to finance its move to Victory Park? Just kidding. Or am I? Like it matters. –Robert Wilonsky

GET MORE COVERAGE LIKE THIS

Sign up for the News newsletter to get the latest stories delivered to your inbox

Loading latest posts...