We Cannot Allow This to Continue ...

[Nye Bevan]

29. "We got back every dime used to rescue the banks", Obama told the crowd.

Speaking before a crowd of about 6,000 voters in Manchester, N.H., Obama assured supporters that of all the fiscal issues facing the nation, the bank bailouts are no longer among them.

"We got back every dime used to rescue the banks," he told the crowd gathered Oct. 18 in Victory Park. "We made that happen."

.....

Not all of the banks who received TARP money have repaid the loans. In fact, 400-plus banks are still on the government’s red list -- more than have completed the payments -- and, according to the GAO, some may never pay the money back.

But, the fact remains, due to interest, dividends and other revenue streams, the government has received more money back ($266.7 billion, according to the Treasury) than it handed out to banks under the bailout law ($245.2 billion). We rate this claim Mostly True.

http://www.politifact.com/new-hampshire/statements/2012/oct/25/barack-obama/barack-obama-says-banks-paid-back-all-federal-bail/