We reported earlier that 19 banks were OK'd by the Treasury to pay back the TARP funds that were injected in to them during the first round of the bailout. According to the naked capitalism here are the banks that passed stress tests and will get to pay their TARP funds back:
The institutions are the following:
Passed the stress tests: JPMorgan Chase & Co., American Express Co., Goldman Sachs Group Inc., U.S. Bancorp, Capital One Financial Corp., Bank of New York Mellon Corp., State Street Corp. and BB&T Corp.
Failed the stress tests: Morgan Stanley
Was not subject to stress tests: Northern Trust
Bank of America and Citi have been told to bolster their reserves after failing to meet the Treasury's standard. That leaves Wells Fargo, who was nowhere to be found on this
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