The Troubled Asset Relief Program (TARP), or the $700 billion bailout, has been the subject of much academic interest …

their bailout dividends …

This paper tests whether poorly capitalized banks with troubled loan books are more likely to miss their bailout … non-cumulative preferred stock are also more likely to be TARP deadbeats. In addition, banks that missed a bailout … dividend in the prior quarter are significantly more likely to miss the next bailout dividend …

market response to the TARP launch. We reject the null hypothesis that the bailout size has no effect on the firm's value … average buy-and-hold return from 2008 Q4 to 2009 Q1 is 42.68% for the 293 sampled banks. Bailout banks perform 5.8% worse than … non-bailout banks. The banks' losses increase significantly from the pre-TARP period to TARP initiation period, suggesting …

auction of warrants. The U.S. Treasury auctioned its holdings of warrants from the bailout of Chrysler Motors in 1983. That …