American Express (AXP, Fortune 500), the New York-based credit card giant, said Wednesday it paid the Treasury Department $340 million to repurchase the warrants the bank issued in January after borrowing $3.4 billion under the Troubled Asset Relief Program. AmEx was among 10 banks that repaid their TARP loans last month.
Just a drop in the ocean, boys.
http://tinyurl.com/knaftk
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