TARP ROI? Also: PPIP, we hardly knew ye.

A tasty morsel from Planet Money:

Treasury Department just sent out this statement saying that 10 of the largest financial institutions have been cleared to repay their bailout money, totaling as much as $68 billion.

Mixed news of course - we'll have to wait until all is said and done to properly judge TARP, and this ignores any systemic or solvency problems that may still exist, but if the taxpayer comes close to breaking even on this it'll be a major win.

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On a related note, remember all the hullabaloo about Geithner's infamous PPIP? Yeah, that whole thing never got off the ground. (Which might actually be a good thing.)