It’s because DE is the incorporating capital of the nation. I’m not an expert but apparently they’ve got a friendly legal and financial (taxes?) environment for corporations and therefore attract many, many corporate headquarters. Such a tiny state, they just might run out of room some day!

It’s a question of WHEN not IF.

DeDude,

Hell no it wouldn’t be fair, and China has told us to go to hell on Global warming. And cap and trade in Europe didn’t reduce emissions. In fact, from the numbers, its difficult to tell it did anything.

Where it gets interesting is when CA with 40M residents demands help and then other states follow, why is there US help for private enterprises but nothing for states – esp states (CA,FL etc) which have been harmed by the actions of the private enterprises?

If team O’B plays hardball and says no to these states and they default and all muni bonds add a healthy risk layer then we enter another downleg for sure.

The bubble states RE issues are still the canary in the cage, even if the canary is on the floor of the cage.If the canary dies then all hell breaks loose(r). Then we have the BIG great depression not the new great depression.

* Firefox with the noscript plug-in.
* Visit that page with scripting disabled. You get an error that you have javascript disabled and you get the raw complete data set.
* I copied and pasted it into a text document, and then opened that tab-delimited file in Excel. It has no column headings, but those are easy once you enable the scripting on the page.

Then you can have a little more fun with the numbers. Like, sort and subtotal by state to find out who has the most effective congress-people. Or plot the money over time.

Here’s the by-State totals:
Company Headquarters Capital Disbursed
NY Total $175,019,020,000
MI Total $70,257,455,971
NC Total $48,652,737,000
DE Total $36,170,845,000
CA Total $33,723,750,000
PA Total $10,338,427,000
OH Total $7,840,580,000
MN Total $7,122,950,000
GA Total $6,258,301,000
IL Total $4,404,498,000
NJ Total $4,186,836,000
VA Total $4,170,690,000
TX Total $3,773,895,000
AL Total $3,691,136,000
IA Total $2,601,438,000
WI Total $2,506,477,000
MA Total $2,340,551,000
UT Total $2,077,157,000
MO Total $1,936,374,000
PR Total $1,392,000,000
TN Total $1,221,137,000
WA Total $976,351,000
FL Total $782,297,000
OR Total $715,927,000
IN Total $649,155,000
CO Total $646,110,000
SC Total $615,824,000
LA Total $497,992,000
MD Total $442,575,000
CT Total $433,061,000
MS Total $380,671,000
AR Total $323,197,000
KY Total $191,443,000
NV Total $142,672,000
HI Total $135,000,000
KS Total $131,441,000
OK Total $109,147,000
WV Total $93,345,000
ND Total $85,843,000
ID Total $61,791,000
ME Total $58,427,000
NM Total $45,539,000
NH Total $40,754,000
SD Total $40,568,000
NE Total $37,337,000
RI Total $31,065,000
WY Total $8,100,000
DC Total $6,000,000
AK Total $4,781,000
AZ Total $2,568,000

Here’s another interesting slice. This is the non-financial industry recipients, subtotaled by State:
Company Headquarters Capital Disbursed
Auto makers and suppliers:
MI Total $69,524,778,971
DE Total $15,743,000,000

Homeowners, consumers, and small businesses:
DE Total $20,000,000,000
CA Total $6,118,840,000
NJ Total $3,552,000,000
IA Total $2,410,010,000
PA Total $1,464,950,000
MO Total $1,079,420,000
TX Total $768,580,000
UT Total $660,590,000
FL Total $553,380,000
CO Total $459,550,000
OR Total $453,130,000
MN Total $91,010,000
PR Total $57,000,000
VA Total $16,520,000
WA Total $770,000

I understand why NY, NC, and DE get the lion’s share of the financial industry money. But why does DE get so much other money, compared to what other States’ company’s got? TALF?!?! What is TALF LLC, which I have never heard of but got $20B?
http://www.pattonboggscapitalmarkets.com/resources/2009_02_25/feds/
Looks like a slush fund to me.

Total of $437B dispersed and $63B repaid. Maybe those numbers are already in the article…

It seems meaningful that the 31 who have repaid anything have each repaid everything*. So no one is making partial payments on their repayment. They are sitting on all of their cash until the moment they can repay the whole amount. Maybe this signals that the TARP regulations need to be fine-tuned to include a graded scale and encourage partial repayments.

* There are a few companies that have multiple receipts (GM being the biggest) who have repaid some but not all of their receipts. We don’t have repayment dates. I’m curious why they repaid their first $884M.

I’d like to see a similar chart for the big economic stimulus package. Based upon the sensational reports I’ve seen I’m guessing that those reports will not be forthcoming.

Having grown our economy on cheep energy and release of more than 10 times as much greenhouse gases per capita as those undeveloped countries, it may not be fair for us to say: OK now everybody cut their emissions in half.

“The numbers all point to us being burnt to a cinder”

Think of how fast you’ll get that tan now my friend! Your “productivity” on that measure will soar!