More and Growing Group of TARP Deadbeats

from WSJ:

NEW YORK (TheStreet) -- The list of TARP deadbeats continued to climb over the past few months, with 115 banks skipping dividend payments on $3.6 billion worth of borrowings from the U.S. Treasury Department.
The number has climbed from 91 payment deferrals in the previous Treasury report on the Troubled Asset Relief Program, in May, and 74 deferrals in the report in February. According to an analysis by SNL Financial, 15 companies have skipped payments five times while seven have deferred on six occasions. After half a dozen delinquencies, the Treasury holds the right to elect two directors to a bank's board, as it did with American International Group (AIG) last spring.