Govt.’s TARP losses $86.5B since October

"The U.S. government has lost $86.5 billion in the stock market since the end of October courtesy of the Wall Street bailout, according to the nonpartisan research think tank Ethisphere."

"The worst performer for the government was U.S. Bancorp; the U.S. lost $3.7 billion in the preferred stock that company gave it in exchange for an injection of $6.6 billion through the Capital Purchase Program (CPP). That’s a loss of 56.1 percent, according to Ethisphere. "

"On a relative basis, the government’s preferred stock in Huntington Bancshares lost 81.5 percent, or $1.1 billion. Stock in Webster Financial Corp. has lost 76.1 percent. "

"A few banks have done well. The best performer for the government was Morgan Stanley, as the government’s stock gained 26.3 percent, or $2.6 billion. Top performers on a relative basis include Central Valley Community Bancorp, which has gained 45.9 percent, or $3.2 million."