TARP CPP Map

Here is a real interesting map showing the impact of the TARP CPP program on banks, county-by-county.

I had expected the impact to be biggest in coastal locations, where the real estate boom was the most egregious. Instead, the impact seems to be biggest in the West - even, or especially so, in Utah, Nevada, and Idaho! It just shows how the intermountain West still lags much of the rest of the country in economic strength (always has, really).

The intermountain West is culturally conservative - a legacy of its Yankee roots - but it just doesn't have the financial heft to be economically conservative too.