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WASHINGTON — The Treasury Department says it has recovered roughly $900 million during the first six months of the year from sales of warrants it received from bailed-out financial companies.
The department said in its semi-annual report that it has recovered $314 billion of the $413 billion spent to help banks, financial companies and U.S. automakers.
The report shows nearly a third of the money recouped in the first six months came from sales in January of warrants the government held in Citigroup Inc.
